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ERIC Number: ED103539
Record Type: RIE
Publication Date: 1973-May
Pages: 20
Abstractor: N/A
Reference Count: 0
We the Americans, Our Incomes.
Bureau of the Census (DOC), Suitland, MD.
The U.S. Bureau of the Census records how much all families and persons in the nation receive. This is done to provide a systematic measure of our economic standing as a people. The bureau makes its record in two ways. First, every 10 years in the census, people are asked how much income they received in the year before Census Day which came on April first in 1970. And second, every year a sample of the U.S. population is asked about income received the previous year. This sample survey, as it is called, provides an annual record of income in the years between censuses. In 1971, median family money income rose above $10,000 a year for the first time. Allowing for inflation, the median family income figure in 1969 was nearly double the 1959 median. The Northeast had the highest regional family income in 1971. However, the West and the North Central States were close to that level. Although lowest among the regions in median family income, the South showed the greatest income gain between 1960 and 1970. To measure the low-income group, an income scale is used that varies with a family's residence, number of persons in the family, and yearly changes in the cost of living. Those getting less than this scale are said to be below the low-income or poverty line. In 1971, the low-income line for a nonfarm family of four was $4,140. (Author/JM)
Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402 ($0.45, domestic postpaid)
Publication Type: Numerical/Quantitative Data
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: Bureau of the Census (DOC), Suitland, MD.