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indicator

Income Sources

Income Sources

Description

Age Distribution of Various Types of Income Sources, 2020

Data Source

American Community Survey (ACS)

Demographics
Housing
Community Infrastructure

Calculation Methodology

  1. 1
    Select records from the dataset using the columns AGEP, RAC1P, HISP, SEX, POVPIP, LANX, CIT, MAR, SCHL, DIS, FS, TYPEHUGQ, SSP, RETP, and WAGP.
  2. 2
    Derive age groups from the AGEP column by binning ages into ranges: 18-34, 35-49, 50-64, 65-79, and 80+, corresponding to labels Age 18-34, Age 35-49, Age 50-64, Age 65-79, and Age 80+.
  3. 3
    Filter the dataset for each income source category using the following conditions: Public Benefits where FS=1 and TYPEHUGQ=1; Social Security where SSP>0; Retirement Income where RETP>0; and Earnings from Work where WAGP>0.
  4. 4
    Apply the person weight column PWGTP to weight each record in the dataset.
  5. 5
    Aggregate the weighted counts by the derived age groups from AGEP to calculate the share of individuals receiving each income source.
  6. 6
    Present the results as a stacked bar chart showing the distribution of income sources across the age groups.

Source Variables using this Indicator (24)

Visuals Using This Indicator (1)

Visual for Indicator Income Sources for 2020

Age Distribution of Various Types of Income Sources, 2020

View visualization

Why This Matters

Transparent methodology ensures every insight can be traced, verified, and built upon.

Reproducible Research

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Accountability

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Continuous Improvement

Transparent documentation allows for peer review, feedback, and iterative improvements to our analytical approaches.