Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
HHI refers to the entire household's members' income - not individuals.
So, if the HHI in Plainview is $120K - it means either both Husband/Wife earn $60K each or H earns $120K while wife stays at home (or any combo of the two). I am surprised its only $120K. Almost all the folks I have met in recent years that live in Plainview have HHIs of at least $150-200K.
HHI refers to the entire household's members' income - not individuals.
So, if the HHI in Plainview is $120K - it means either both Husband/Wife earn $60K each or H earns $120K while wife stays at home (or any combo of the two). I am surprised its only $120K. Almost all the folks I have met in recent years that live in Plainview have HHIs of at least $150-200K.
any difference between household and family income?
Location: Prince Georges County, MD (formerly Long Island, NY)
1,558 posts, read 2,723,956 times
Reputation: 1652
Quote:
Originally Posted by LegalDiva
HHI refers to the entire household's members' income - not individuals.
So, if the HHI in Plainview is $120K - it means either both Husband/Wife earn $60K each or H earns $120K while wife stays at home (or any combo of the two). I am surprised its only $120K. Almost all the folks I have met in recent years that live in Plainview have HHIs of at least $150-200K.
This is what I was going to say-- it's really not that far fetched.
The "mean" is the "average" you're used to, where you add up all the numbers and then divide by the number of numbers. The "median" is the "middle" value in the list of numbers. To find the median, your numbers have to be listed in numerical order, so you may have to rewrite your list first. The "mode" is the value that occurs most often. If no number is repeated, then there is no mode for the list.
The "range" is just the difference between the largest and smallest values.
Purple Math
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
