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FTOTINCMEPS
Constructed total MEPS family income

Description

[ PRELIMINARY VARIABLE: Variable description may change once we confirm the universe and assess the comparability of this variable over time. ]

Available in all survey years, FTOTINCMEPS is an IPUMS MEPS constructed variable that sums total personal income (INCTOT) (excluding tax refunds and capital gains) across the MEPS family to report the total income for each person's MEPS family.

MEPS families are defined as a group of two or more people related by birth, marriage, adoption, fostering, or cohabitation, and residing together. Unlike the CPS defined family, MEPS family does include unmarried partners and foster children.

FTOTINCMEPS was derived by constructing person-level total income comprising annual earnings from wages, salaries, bonuses, tips, commissions; business and farm games and losses; unemployment and workers' compensation; interest and dividends; alimony, child support, and other private cash transfers; private pensions, IRA withdrawals, social security, and veterans payments; supplemental security income and cash welfare payments from public assistance, Temporary Assistance for Needy Families, and related programs; gains or losses from estates, trusts, partnerships, S corporations, rent, and royalties; and a small amount of "other" income. Person-level income excluded tax refunds and capital gains. FTOTINCMEPS was constructed from the public (edited and top-coded) versions of total individual income

Person-level income totals were then summed over MEPS family members, as defined by FAMIDYR, to yield MEPS family-level total income.

Beginning in 2007, the variable FAMINC was constructed from the person-level total income variable (INCTOT). Additionally, the variable CPSFAMINCCALC is IPUMS MEPS constructed, and offers total family income for CPS families (excludes foster children and unmarried partners). Like FTOTINCMEPS, FTOTINCCPS is constructed from the public (edited and top-coded) versions of total individual income)

Codes

FTOTINCMEPS is 9 columns wide with 2 implied decimals.

Comparability

The comparability of this variable over time has not yet been assessed.

Universe

The universe for this variable has not yet been confirmed.

Availability

  • 1996-2016

Weights

Flags

This variable has no flags.