Statistical formulas documentation

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mTAB Median Calculation from Income Brackets

Approximate Annual HH Income
Median 71,180
Unweighted Sample Total Count 10,811
Approximate Annual HH Income Weighted
Response (1) Accumulated Response
Less than 15,000||width="150"|11,714||11,714||15,000 - 24,999||46,054||57,768||25,000 - 34,999||83,965||141,733||35,000 - 44,999||102,093||243,826||45,000 - 59,999||155,721||399,546||60,000 - $74,999 || 161,435 || '''560,981''' <--''Median will fall here'' (3) |- | 75,00099,999 || 193,540 || 754,521 |- | 100,000124,999 || 134,706 || 889,227 |- | 125,000149,999 || 59,748 || 948,975 |- | 150,000199,999 || 41,971 || 990,946 |- | 200,000249,999 || 16,391 || 1,007,337 |- | $250,000 or More 32,409 1,039,746
Weighted Subset Total Count 1,039,746
Weighted Sample Total Count 1,255,411
(1) Calculated Accumulated Weighted Response
(2) Divide total (1,039,746) by 2=519,873 519,873
(3) Find first value in Accumulated Response column that is greater than step 2 value
The median will fall between the 60,00074,999 bracket
(4) Step 2 amount (519,873) MINUS preceding break accumulated response 399,546 = 120,327
(5) Acc. Response where Meidan will fall 560,981 MINUS preceding break 399,546 = 161,435
(6) Step 4 Divided by Step 5 0.74536
(7) Multiply Step 6 by the range 14,999 (60,00075,999) 11180
(8) Add Step 7 to bottom of range $60,000 71,180