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Originally Posted by Docere
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Nope, well, more like they aren't saying exactly what they mean.
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Originally Posted by US Census Bureau
Per capita income is the mean income computed for every man, woman, and child in a particular group including those living in group quarters. It is derived by dividing the aggregate income of a particular group by the total population in that group. This measure is rounded to the nearest whole dollar. For the complete definition, go to ACS subject definitions "Income in the Past 12 Months, Per Capita Income."
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https://www.census.gov/quickfacts/fa...20that%20group.
In other words, people who are grouped into some sort of living arrangement. i.e. 'household', I suppose they do non-households do, but it is NOT really based on every 'man, woman, and child INDIVIDUALLY.
The Census doesn't even compute aggregate personal income, only aggregate income for certain groups like households, families, non households.
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Why would per capita HH income be lower than per capita personal income?
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BEA is the Bureau of Economic Analysis of the Commerce Department and their Per Capita Personal Income data literally measures every man, woman, and child regardless as to what their living arrangement is.
I hope that helps.