Table
7
Median
Household Incomes
New York City, 1992 and 1995
| |
1992(b) |
1995(b) |
Percent
Change 1992-1995 |
| In
current dollars |
|
|
|
| All
households |
$23,000 |
$25,000 |
+8.7% |
| All
renters |
$19,005 |
$20,000 |
+5.2 |
| All
owners |
$40,195 |
$45,000 |
+12.0 |
| CPI(a) |
150.0 |
162.2 |
+8.1 |
| In
1995 dollars |
|
|
|
| All
households |
$24,871 |
$25,000 |
+0.5 |
| All
renters |
$20,551 |
$20,000 |
-2.7 |
| All
owners |
$43,464 |
$45,000 |
+3.5 |
Source: U.S. Bureau of the Census, 1993 and 1996 New York City
Housing and Vacancy Surveys.
Notes:
(a)
Consumer Price Index for All Urban Consumers for New York-
Northeast New Jersey-Long Island (1982-84=100), yearly average,
Bureau of Labor Statistics, U.S. Department of Labor.
(b) For the 1993 HVS, the Census Bureau applied an income estimation
method that resulted in household income being reported
in some situations where one or more individuals in the
household did not report one or more of seven types of
income. (For information on the seven sources of income,
see Housing New York City 1993, Appendix E: 1993
New York City Housing and Vacancy Survey Questionnaire.)
The Census Bureau is imputing missing income for the 1996
HVS using basically the same method as that used for the
1990 Census and the Current Population Survey. The Census
Bureau will provide imputed comparable 1993 and 1996 income
data this summer. In the absence of imputed income
data, and to insure complete comparability between 1993
and 1996, the income data from both surveys presented in
this table are estimated by applying the method the Census
Bureau used for the 1993 HVS. However, caution should be
used in interpreting income data from this table, since,
when the process of imputing missing income data is complete,
the final income figures for 1993 and1996 will be different,
and the change in income between 1993and 1996 could also
be different. See the accompanying official letter from
the Census Bureau for additional explanation and technical
information.
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