The median cannot possible by 95,388 as you assert Excel reported, since that is larger than the largest value in the data. Since the matrix has only one column (3x1), you may have one variable var1 with three observations for N, mean, and standard deviation. Note that there are exactly two observations for sic210 and year2009, and the largest of the two is 89,329. Stata does not have a command to calculate the mode, though rarely do people care about the mode so this usually isn’t a problem. You may clear memory before converting the matrix. The 50th percentile is the median, so in this case the median age is 47. If you want to save the matrix as a variable, enter the. matrix stats=r(StatTotal)įinally, to convert a scalar, for example, the mean of the variable, into a macro, enter. To convert the special matrix into a typical matrix using the You can also list the values of the matrix by running matrix list You may check for the presence of the matrix using the return list command. N (the number of valid observations), mean, and standard deviation are stored in a matrix The stat() option specifies the aggregate statistics to be computed. For example, to get the N, mean, and standard deviation of personal income, enter. tabstat command computes aggregate statistics of variables such as mean and standard deviation, and its save option stores these statistics in a matrix. In 2020, the top 1% individual income countrywide was $361,020.00.Store the descriptive statistics of a variable in a macro in Stata Here's the median individual income by state (plus D.C.): StateĪnd of course, because it comes up so often, we also need the top 1% individual incomes by state!Īs with the household income, be more skeptical of these numbers – there just aren't as many earners, and earnings are more spread out than the rest of the distribution (still, they should be close). In 2020, the overall median individual income was $43,206.00. They denote where half of workers make more – and half make less. Here's the average individual income by state (and D.C.): StateĪgain, median individual incomes are a better measure for most purposes. Remember: this number is skewed by high earners be sure to check out median income below for a better measure of most people. The average individual income in America in 2019 was $62,518.13.
#Stata median full
You can find more information on individual income statistics here, and it also goes into details on the full screen. The remaining set is people who worked in 2019 – or even wanted to work. These stats below try to filter out people not in the workforce.
However, often individual income is what you need to check – and it is often more interesting. StateĪs I wrote above, household income is a better measure of spending power than individual income.
#Stata median plus
This next table shows the number of households in the survey per state, plus the number of households implied by those weighting for 2020. Household Income Data Quality and Households Per State Integrated Public Use Microdata Series, Current Population Survey: Version 8.0.
Sarah Flood, Miriam King, Renae Rodgers, Steven Ruggles and J. You can find more details in the average household income post.
Specifically, I use the harmonized data from the University of Minnesota. I make my income calculations on microdata from the United States Census Bureau’s Annual ASEC survey. In the next section, I'll list how many samples there were in a state (and how they map to households) so you can use your expertise to think about how close the "actual" number may be. There are larger gaps between percentiles, so you should take the top 1% with a grain of salt. Note that near the top, the income distribution isn't as "well behaved". Here is the top 1% household income by state: State Countrywide, the threshold for the top 1% was $531,020.00 in 2020. The top 1% household income is a popular measure for affluence. Here is the median household income by state (And Washington, D.C.): State Median household income means that half of all households earn more and half earn less.Īcross the entire United States, the median household income was $6 8,400.00 in 2020. In most ways, median household income is the superior statistic when evaluating how American households are doing. Here was the average household income per state (and Washington, D.C.) in 2020: State
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