Household Income - Appendix 5

Variables Created

• CV_INCOME_FAMILY
• CV_HH_POV_RATIO

This program creates the total family income variables. The total family income variable (coded as groshhIY in the programming code) includes total annual cash receipts before taxes from all sources. The program then creates a ratio comparing the family's total income to federal poverty thresholds based on the number of household residents and the number of members under age 18. (For rounds 1-7 the questionnaire asked for income of all household members rather than all family members living in the household. Therefore the total income variable, INCOME_GROSS_YR, reflects total household income.)

Researchers should note that, like many income and asset variables in the data set, these two variables are topcoded to protect respondent privacy. More information about topcoding is available in the Income, Assets & Program Participation section.

Link to Household Income program file