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Data Dictionary: ACS 2007 (3-Year Estimates)
you are here: choose a survey survey data set table variable details
Data Source: U.S. Census Bureau
Universe: Universe: Households
Variable Details
B19025. Aggregate Household Income in the Past 12 Months (In 2007 Inflation-Adjusted Dollars)
Universe: Universe: Households
B19025001Aggregate household income in the past 12 months (in 2007 inflation-adjusted dollars)
Percent base:
None - percentages not computed (variable is table universe)
Aggregation method:
Addition
Relevant Documentation:
Excerpt from: Social Explorer; U.S. Census Bureau; 2005-2007 American Community Survey 3-Year Summary File: Technical Documentation.
  ACS 2007-3yr Summary File: Technical Documentation -> Appendix B. Subject Definitions -> Population Variables -> Income in the Past 12 Months -> Aggregate Income
Aggregate Income
Aggregate income is the sum of all incomes for a particular universe. Aggregate income is subject to rounding, which means that all cells in a matrix are rounded to the nearest hundred dollars. (For more information, see "Aggregate" under "Derived Measures.")
Excerpt from: Social Explorer; U.S. Census Bureau; 2005-2007 American Community Survey 3-Year Summary File: Technical Documentation.
  ACS 2007-3yr Summary File: Technical Documentation -> Appendix B. Subject Definitions -> Population Variables -> Income in the Past 12 Months -> Income of Households
Income of Households
This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one person, average household income is usually less than average family income. Although the household income statistics cover the past 12 months, the characteristics of individuals and the composition of households refer to the time of interview. Thus, the income of the household does not include amounts received by individuals who were members of the household during all or part of the past 12 months if these individuals no longer resided in the household at the time of interview. Similarly, income amounts reported by individuals who did not reside in the household during the past 12 months but who were members of the household at the time of interview are included. However, the composition of most households was the same during the past 12 months as at the time of interview.
Excerpt from: Social Explorer; U.S. Census Bureau; 2005-2007 American Community Survey 3-Year Summary File: Technical Documentation.
  ACS 2007-3yr Summary File: Technical Documentation -> Appendix B. Subject Definitions -> Population Variables -> Income in the Past 12 Months -> Adjusting Income for Inflation
Adjusting Income for Inflation
Income components were reported for the 12 months preceding the interview month. Monthly Consumer Price Indices (CPI) factors were used to inflation-adjust these components to a reference calendar year (January through December). For example, a household interviewed in March 2007 reports their income for March 2007 through February 2007. Their income is adjusted to the 2007 reference calendar year by multiplying their reported income by 2007 average annual CPI (January-December 2007) and then dividing by the average CPI for March 2006-February2007.
In order to inflate income amounts from previous years, the dollar values on individual records are inflated to the latest years dollar values by multiplying by a factor equal to the average annual CPI-U-RS factor for the current year, divided by the average annual CPI-U-RS factor for the earlier/earliest year.