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Economic_2018.md

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Meta Data Name: Economic Variables
Date Added: October 22, 2020
Authors: Moksha Menghaney & Susan Paykin
Date Last Modified: January 3, 2024
Last Modified By: Wataru Morika

Theme:

Economic

Data Location:

You can find the variables described in this document in the CSV files here.

CSV files are organized by year and spatial scale. For example, county-level variables from 2000 will be found in C_2000.csv.
Note: Every variable can be found in the Latest files.

Data Source(s) Description:

Variables were obtained from the 2014 - 2018 American Community Survey (ACS), tables B19301, DP03, and B19301, at the state, county, tract and ZIP Code Tabulation Area (ZCTA) levels.

The ACS is an ongoing survey that provides vital information on a yearly basis about our nation and its people. Learn more about the ACS here.

Description of Data Source Tables:

Table B19301: Per capita income in the past 12 months (in 2018 inflation-adjusted dollars)

Table DP03: Selected Economic Characteristics

Table S1701: Poverty status in the past 12 months

Description of Data Processing:

The following variables were included from B19301.

  • Estimate; Per capita income in the past 12 months (in 2018 inflation-adjusted dollars). Per capita income is the mean income computed for every man, woman, and child in a particular group including those living in group quarters. It is derived by dividing the aggregate income of a particular group by the total population in that group. This measure is rounded to the nearest whole dollar. Note: Employment and unemployment estimates may vary from the official labor force data released by the Bureau of Labor Statistics because of differences in survey design and data collection.

The following variables were included from DP03:

  • Percent estimate; Unemployment Rate. The unemployment rate represents the number of unemployed individuals as a percentage of the civilian labor force.

The following variables were included from S1701:

  • Percent Estimate; Percent below poverty level. The total number of people below the poverty level is the sum of people in families and the number of unrelated individuals with incomes in the last 12 months below the poverty threshold. Note: Poverty status was determined for all people except institutionalized people, people in military group quarters, people in college dormitories, and unrelated individuals under 15 years old. These groups were excluded from the numerator and denominator when calculating poverty rates.

For more on variable definitions, see ACS 2018 Subject Definitions.

Key Variable and Definitions:

  • Variable -- title of variable
  • Variable ID -- exact name of variable in datasets
  • Description -- Short description of variable
  • Years Available -- years for which data exists for this variable
  • Spatial Scale -- the variable exists for these levels of spatial scale
Variable Variable ID in .csv Description Years Available Spatial Scale
Unemployment Rate UnempP The number of unemployed individuals as a percentage of the civilian labor force 1980, 1990, 2000, 2010, Latest Tract, Zip*, County, State
Poverty Rate PovP Number of individuals earning below the poverty income threshold as a percentage of the total population 1980, 1990, 2000, 2010, Latest Tract, Zip*, County, State
Median Income MedInc Median income for individuals in the past 12 months (in 2018 inflation-adjusted dollars) 2010, Latest Tract, Zip*, County, State
Per Capita Income PciE Mean income for individuals in the past 12 months (in 2018 inflation-adjusted dollars) 2010, Latest Tract, Zip*, County, State
Gini Coefficient GiniCoeff Income Inequality (Gini Coefficient) 2010, Latest Tract, Zip*, County, State

Data Limitations:

The ACS does not gather information in the U.S. territories American Samoa, Guam, Northern Mariana Islands and U.S. Virgin Islands. It does include information for Puerto Rico & Washington, D.C.
*Note that the Zip code scale data is only available for the "latest" file.

Comments/Notes:

For complete definitions of ACS variables described above, please refer to the American Community Survey & Puerto Rico Community Survey 2018 Subject Definitions.