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Old 07-05-2007, 09:02 PM
 
11 posts, read 100,290 times
Reputation: 18

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Just wonder, what does Per Capita Income really mean?

There are Household median income which is obviously the median income per household. And there are also Family median income which is the same thing but for families. But I can't find what Per Capita Income is based of?

Is it the correct way to judge how poor/rich the inhabitants are in a city?
I mean for example, the household income can lie. The household median income for Compton, CA was $31,819 in 2000. Compare that to other ghettos like Flint, Michigan and Gary, Indiana and more that got around $23,000-$27,000. Almost everybody would take the conclusion that Compton is wealthier than those which is wrong. The average household size in Compton is 4.16 while all the other ghettos got around 2.50 which is extremily less. That means Compton is as much, and probably even poorer than those cities. I mean of course 4.16 people are gonna make more money than 2.50 people.
And the per capita income shows how poor Compton actually is because it got just $10,389 while the others have around $13,000.

As I said before, how is the per capita income based?
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Old 07-05-2007, 11:16 PM
 
Location: La Cañada, CA
332 posts, read 2,149,845 times
Reputation: 165
the per capita income of compton would be everyone's total income divided by the city's population. i.e. the average income of people living in that city. the end result would be different than the median household income divided by the avg. inhabitants in a household.
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Old 06-18-2010, 05:17 AM
 
1 posts, read 8,785 times
Reputation: 10
We requuired Per Capita Income townwise in india.
Where we will get. For Potentiality of town.
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