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household income. Total income from all people living in a particular household. Income refers not only to the salaries and benefits received but also to receipts from any personal business, investments, dividends and other income. Furthermore, household members do not need to be related to be part of a household.
Income is any item an individual receives in cash or in kind that can be used to meet his/her needs for food, clothing, or shelter. Income includes the receipt of any item which can be applied, either directly or by sale or conversion, to meet basic needs of food, clothing, or shelter.