Status:Closed    Asked:Nov 27, 2013 - 10:55 AM

How to calculate household disposable income in CPS

I'm attempting to calculate an approximation of household disposable income in CPS by subtracting a variety of taxes, subsidies and benefits (hhincome - fedtax - statetax + eitcred + stimulus + stampval + ctccrd + actccrd) from hhincome (household income). I am worried that I am missing an important tax, benefit, etc. (e.g. property taxes) because it's unclear to me what taxes fall under fedtax and statetax.

Can someone please let me know if property tax is counted under state tax and if there are other major taxes and benefits that I may be overlooking?

Thanks in advance

Do you have the same question? Follow this Question

Staff Answer




Property tax (PROPTAX) is a separate variable counted at the household level and can be found in the Household Economic Characteristics group.

Another set of variables that you may be interested in are the Supplemental Poverty Measures, the variable SPMTOTRES, seems to be doing a process similar to the one you are proposing. However, SPM variables are based on SPM family Units (SPMFAMUNIT).

I hope this helps.


Dec 02, 2013 - 10:15 AM

Report it


zero wages
Sample weights
tehre is information about the size of the firm in the Census/ASEC datasets?
Sample selection for a study of a subgroup over time?
Is it possible to get information on municipality or district of respondent i...
Weekly earnings and usual hours
Login   |   Register

Recently Active Members

View More »

Share |