household income

Domestic financial inflow

Household income is the total money earned by all members of a household, typically measured annually.

It includes wages, salaries, investment returns, government benefits, and any other sources of income.

The figure is widely used in economics and policy discussions to measure living standards, determine eligibility for assistance programs, and analyze inequality: The median household income in the county rose last year.

sources

wages

Payment for work

freelance · gig work · overtime · tips · commission · pension · Social Security · disability · alimony · child support

economics

median

Central sorted value

earnings · GDP · inequality · poverty line · bracket · quintile · distribution · disparity · gap · socioeconomic

budgeting

expenses

Money spent on things

bills · groceries · utilities · insurance · debt · budget · allocation · cashflow · paycheck · take-home

hardship

poverty

Severe lack of resources

below poverty line · struggling · underpaid · minimum wage · subsidized · assistance · SNAP · vouchers · hardship · shortfall

affluence

wealth

Abundance of valuable resources

comfortable · upper-class · disposable · discretionary · surplus · assets · investments · inheritance · bonus · dividends

Categories
Opposites
unit of measurement

household incomeindividual income

Single person's earnings

personal income · per capita income · corporate revenue · national income · business income

financial flow direction

household incomehousehold expenses

Regular domestic financial obligations

household spending · cost of living

economic position

household incomedestitution

Extreme poverty, lacking necessities

Family

income, household, housing, houses, housed, incomes, households, housekeeping, householder

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G