"Household income is a measure of the combined incomes of all people sharing a particular household or place of residence. It includes every form of income, e.g., salaries and wages, retirement income, near cash government transfers like food stamps, and investment gains.
Average household income can be used as an indicator for the monetary well-being of a country's citizens. Mean or median net household income, after taxes and mandatory contributions, are good indicators of standard of living, because they include only disposable income and acknowledge people sharing accommodation benefit from pooling at least some of their living costs.
Average household incomes need not map directly to measures of an individual's earnings such as per capita income as numbers of people sharing households and numbers of income earners per household can vary significantly between regions and over time." [Household income. Wikipedia]
This map example shows 2007 median household incomes in the states and mainland territories of the Commonwealth of Australia.
The thematic map example "Map of median household income in Australia" was redesigned from the Wikimedia Commons file: Map of median household income in Australia.PNG.
[commons.wikimedia.org/ wiki/ File:Map_ of_ median_ household_ income_ in_ Australia.PNG]
The example "Map of median household income in Australia" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Continent Map solution from the Maps area of ConceptDraw Solution Park.
Average household income can be used as an indicator for the monetary well-being of a country's citizens. Mean or median net household income, after taxes and mandatory contributions, are good indicators of standard of living, because they include only disposable income and acknowledge people sharing accommodation benefit from pooling at least some of their living costs.
Average household incomes need not map directly to measures of an individual's earnings such as per capita income as numbers of people sharing households and numbers of income earners per household can vary significantly between regions and over time." [Household income. Wikipedia]
This map example shows 2007 median household incomes in the states and mainland territories of the Commonwealth of Australia.
The thematic map example "Map of median household income in Australia" was redesigned from the Wikimedia Commons file: Map of median household income in Australia.PNG.
[commons.wikimedia.org/ wiki/ File:Map_ of_ median_ household_ income_ in_ Australia.PNG]
The example "Map of median household income in Australia" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Continent Map solution from the Maps area of ConceptDraw Solution Park.
Continent Maps
Continent Maps solution extends ConceptDraw PRO software with templates, samples and libraries of vector stencils for drawing the thematic maps of continents, state maps of USA and Australia.
Bar Graphs
The Bar Graphs solution enhances ConceptDraw PRO v10 functionality with templates, numerous professional-looking samples, and a library of vector stencils for drawing different types of Bar Graphs, such as Simple Bar Graph, Double Bar Graph, Divided Bar Graph, Horizontal Bar Graph, Vertical Bar Graph, and Column Bar Chart.
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