How is the annual household income calculated?

Generally speaking, the per capita annual income of a family = (wage income+other income)/total family population.

Salary income: refers to the salary income of family members after deducting income tax and social security expenses.

Other income: including property income, transfer income, property sale income and loan interest income.

Here is an example to illustrate:

1. Calculation of per capita annual income of a family: A family of three people, only one person earns 1000 yuan a month, then the annual income is 12000 yuan. Twelve thousand divided by three equals four thousand. So the per capita annual income is 4 thousand.

Second, if you are the only one making money at home. Annual income refers to the annual income of all family members divided by the total population, excluding the actual disposable income of paying social insurance, personal income tax and housing provident fund.

The household income of urban residents includes monetary income and physical income.

Monetary income includes wages, bonuses, allowances, subsidies, labor insurance benefits paid in cash and medical expenses.

One-time resettlement fee, economic compensation and living allowance for survivors; Pensions, basic living expenses, pensions, unemployment insurance, relief funds.

Deposits and interest, securities and dividends.

Lease, gift, inheritance income and franchise income.

Alimony and maintenance (maintenance) fees; Part-time income, self-employed income, accidental income, and other legitimate income obtained through labor.

Rural household income mainly includes:

1, income from planting, breeding, processing and labor services.

2, support, care (help) support fees, inheritance or accept gifts according to law.

3. Income from the transfer of land contracting rights, income from the lease or sale of property, collective dividends and bonuses, savings deposits and interest income, stocks, funds and other securities and their income.

4. Social endowment insurance, commercial endowment insurance, commercial medical insurance, compensation and resettlement fees for land acquisition, subsidies for the later period of reservoir resettlement, and direct grain subsidies.