Status:Closed    Asked:Feb 20, 2017 - 08:12 AM

is there an wealth variable for each individual in the cps?

Which variable would be the most appropriate to use for individual wealth?

Do you have the same question? Follow this Question

Staff Answer


Jeff Bloem


There are numerous income variables and several earnings variables available in the CPS, but nothing that cleanly identifies wealth. You may be able to create a rough proxy for wealth by combining some of the economic characteristics of each household, but there may be a substantial amount of error in this proxy variable. For more information on wealth, see this US Census Bureau page.


Feb 20, 2017 - 09:16 AM

Report it


I meant to ask how I can calculate (or get) median WEALTH figures for each st...
Is there a variable for the CPS ASEC for the individual's percentage of the p...
Why is "COUNTY" not the same as "METFIPS" for an individual in CPS?
Is there documentation for what counties are reported in the individual-level...
Login   |   Register

Recently Active Members

View More »

Share |