# Household Income

**IRI:** https://folio.openlegalstandard.org/RSq6tKFNaCWBuzwBECDXiS

## Labels

**Preferred Label:** Household Earnings

**Alternative Labels:**

- Family Income

## Definition

Household income is the combined total income of all people living in a single household, regardless of their relationship to each other. This metric is often used for demographic, tax, and social services analysis to assess the economic status of a household.

## Sub Class Of

- https://folio.openlegalstandard.org/RLrqGkP9fi5OO2RhpttmVI

**Deprecated:** False