family income
Combined domestic earnings
Family income is the combined earnings of all members of a household, typically including wages, investment returns, government benefits, and other sources.
The term appears frequently in discussions of economic policy, tax brackets, and eligibility for assistance programs: Families with incomes below the poverty line qualify for subsidized housing.
Median family income serves as a benchmark for measuring economic health.
- bonusesAdded compensation beyond wages
- rentPayment for temporary use
- making ends meetEarning enough to survive
- paycheck to paycheckNo savings between wages
- generational wealthAssets passed through families
bills · social mobility · socioeconomic status · tax brackets · tax return · welfare programs · economic disparity · salary · budgeting · wages · unemployment benefits · housing subsidies · wealth distribution · minimum wage laws · paycheck · savings plans · rainy day fund · educational opportunities
- familymother, father, parents, siblings, parent
- extended familyaunt, uncle, grandparents, grandparent, great aunt
family incomeindividual income
Single person's earnings
personal income · per capita income · national income · corporate income · GDP