View Single Post
jyl jyl is online now
Registered
 
jyl's Avatar
 
Join Date: Jan 2002
Location: Nor California & Pac NW
Posts: 24,812
Garage
Calling Excel Gurus

This is sort of an Excel question.

Here is Census data on household income for Portland OR. Mean income has risen about 5%/yr from 2011-2018.



I am trying to see if the gain in mean income, and the decrease [increase] in the number of low [high] income households, is due to broad across the board income gains, or to high income households migrating in and low income households migrating out.

It occurred to me that one way to test this would be to 1) build an assumed model for the 2010 household income distribution in some detail (X households with $0-1K income, Y households with $1-2K income, all the way to ZZ households with $200K+ income), 2) adjust that model to match the reported 2010 household counts by income ranges and the 2010 mean and median income, then 3) start testing different scenarios. For example, grow every household's income by 5%/yr and assume net in-migration was of the same income distribution as existing households, and see if the resulting modeled population and household distribution match the reported 2018 data. If yes, then it is plausible that incomes did grow broadly across the board. If not, start testing other scenarios to see which might result in the model matching the 2018 data.

Does this make any sense at all? It'll be a lot of work.
__________________
1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211
What? Uh . . . “he” and “him”?
Old 10-07-2019, 02:40 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #1 (permalink)