How To Calculate Average Per Capita Income

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How To Calculate Average Per Capita Income
How To Calculate Average Per Capita Income

Video: How To Calculate Average Per Capita Income

Video: How To Calculate Average Per Capita Income
Video: Per Capita 2024, November
Anonim

The per capita income of the population is not just an indicator of the economic situation in the country. Calculation of the average per capita income for a particular family can determine whether this family is included in the number of low-income families. In this case, she has the right to receive state social assistance, subsidies or benefits.

How to calculate average per capita income
How to calculate average per capita income

It is necessary

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Instructions

Step 1

Make a list of family members that count towards your average per capita income. In this case, adult children are not included in the family; children under 18 years of age who have received full legal capacity in accordance with the legislation of the Russian Federation; children for whom parents have lost their parental rights; children under guardianship, the maintenance of which is paid by the state according to the legislation of the Russian Federation; children on full state support; a spouse or parent who is in military service or in prison.

Step 2

Add up the total household income for the last three months prior to applying for benefits, subsidies, or assistance. The calculation takes into account all income received by a family member before deducting mandatory insurance premiums and taxes in accordance with the legislation of the Russian Federation. The amount of family income does not include alimony paid for the maintenance of minor children by one of the parents, as well as accrued but not actually paid wages, remuneration or maintenance. If a family member receives income in foreign currency, then the amount is converted into rubles in accordance with the exchange rate of the Central Bank of the Russian Federation on the day the funds are received. Bonuses and rewards are accounted for according to the time they were received.

Step 3

Divide the total income of family members by the number of family members and by the billing period. The resulting value will be equal to the average per capita income of your family. If this income allows you to receive state aid, then submit documents on the composition of the family and the size of the income of each family member to the authorities responsible for the appointment and payment of benefits, subsidies or assistance. Write an application for the appropriate state social assistance. An employee of a government agency will advise you on the timing of resolving the issue in your case.

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