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I think a better measure would be household income divided by number of adults in the household. Possibly with some consideration for the number of children in
by thayne 1y ago
I think a better measure would be household income divided by number of adults in the household. Possibly with some consideration for the number of children in the household.
- jampekka 1y agoE.g. OECD normalizes household income by household size: > Household income is adjusted for differences in the needs of households of different sizes with an equivalence scale that divides household income by the square root of household size. The adjusted income is then attributed to every person in the household. https://www.oecd.org/en/publications/society-at-a-glance-2024_918d8db3-en/full-report/household-income_3ee61044.html https://www.oecd.org/en/publications/society-at-a-glance-202...