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Variables 20102011201220132014201520162017 Median Household Income6,3427,0377,5667,8728,2928,6668,8469,023 Median Income/Member1,8481,9942,1272,2472,3802,5002,5842,699 Average Income/Member 1st Decile 381422440463494541543554 2nd Decile 7388038568969711,0401,064 1,093 3rd Decile 1,0361,1221,2001,268 1,353 1,4461,483 1,528 4th Decile 1,3411,3411,5471,633

Variables 20102011201220132014201520162017

Median Household Income6,3427,0377,5667,8728,2928,6668,8469,023

Median Income/Member1,8481,9942,1272,2472,3802,5002,5842,699

Average Income/Member

1st Decile 381422440463494541543554

2nd Decile 7388038568969711,0401,064 1,093

3rd Decile 1,0361,1221,2001,268 1,353 1,4461,483 1,528

4th Decile 1,3411,3411,5471,633 1,747 1,8571,892 1,958

5th Decile 1,6681,7941,917 2,033 2,155 2,2742,339 2,434

6th Decile 2,0512,2072,3552,4832,627 2,7802,864 2,994

7th Decile 2,5402,7262,8933,0393,217 3,4093,521 3,670

8th Decile 3,2323,4583,6583,8374,0604,2764,438 4,629

9th Decile 4,4294,7275,0045,192 5,524 5,8045,958 6,279

10th Decile 9,66910,54311,552 11,198 12,03212,816 12,773 13,215

Average Income/Member (Q1)

Number of Members (Q2)

Average Income (Q3)

Median Household Income 6,342 7,037 7,566 7,872 8,292 8,666 8,846 9,023

  1. estimate the Average Income/Member.
  2. estimate the Number of Members
  3. estimate the average of household income.
  4. compare the average and median of household income.
  5. plot the average and median household income from 2010 to 2017.
  6. plot the average income/member for all 10 deciles for year 2016 and 2017.

image text in transcribed
Monthly Household Income From Work Variables 2010 2011 2012 2013 2014 2015 2016 2017 Median Household Income 6,342 7,037 7,566 7,872 8,292 8,666 8,846 9,023 Median Income/Member 1,848 1,994 2,127 2,247 2,380 2,500 2,584 2,699 Average Income/Member 1st Decile 381 422 440 463 494 541 543 554 2nd Decile 738 803 856 896 971 1,040 1,064 1,093 3rd Decile 1,036 1,122 1,200 1,268 1,353 1,446 1,483 1,528 4th Decile 1,341 1,445 1,547 1,633 1,747 1,857 1,892 1,958 5th Decile 1,668 1,794 1,917 2,033 2,155 2,274 2,339 2,434 6th Decile 2,051 2,207 2,355 2,483 2,627 2,780 2,864 2,994 7th Decile 2,540 2,726 2,893 3,039 3,217 3,409 3,521 3,670 8th Decile 3,232 3,458 3,658 3,837 4,060 4,276 4,438 4,629 9th Decile 4,429 4,727 5,004 5,192 5,524 5,804 5,958 6,279 10th Decile 9,669 10,543 11,552 11,198 12,032 12,816 12,773 13,215 Average Income/Member (Q1) Number of Members (Q2) Average Income (Q3) Median Household Income 6,342 7,037 7,566 7,872 8,292 8,666 8,846 9,023

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