ERIC Number: ED403342
Record Type: Non-Journal
Publication Date: 1996-Sep
Reference Count: N/A
Money Income in the United States: 1995 (with Separate Data on Valuation of Noncash Benefits). Current Population Reports, Consumer Income.
DeNavas, Carmen; Cleveland, Robert W.
Current Population Reports, Series P-60 n193 Sep 1996
This report presents data on the income of households, families, and persons in the United States in calendar year 1995. These data were compiled from information collected under the March 1996 Current Population Survey that consisted of approximately 50,000 households nationwide. The income estimates in this report are based on money income before taxes, although a separate section discusses the value of noncash benefits to household income. For the first time in 6 years, households in the United States experienced an annual increase in real median income, with an increase of 2.7% (plus or minus 1.0%) about the 1994 figure. White and black households experienced increases in the real median income between 1994 and 1995, but the median income of Hispanic households declined. Based on comparisons of 2-year moving averages, real median household income increased significantly for 11 states, but the remaining 39 states and the District of Columbia showed no significant change. The use of a fully adjusted income definition, one that includes the effect of taxes and noncash benefits, lowered income inequality among ethnic groups, but did not result in an income change significantly different from that computed as money income. Table 9: "Educational Attainment--Total Money Earnings in 1995 of Persons 18 Years Old and Over..." (pages 34-37) is the only table dealing specifically with education-related factors. Four appendixes discuss definitions, research methodology, and estimation techniques. (Contains 2 figures, 6 text tables, and 12 detailed tables.) (SLD)
Publication Type: Collected Works - Serials; Numerical/Quantitative Data; Reports - Evaluative
Education Level: N/A
Authoring Institution: Bureau of the Census (DOC), Suitland, MD.