[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-326169-105":3,"detail-sidebar-cat-0-en-105":81,"doc-detail-326169-en":131},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","household-income-existing-home-sales-finance-facts","HOUSEHOLD INCOME - Existing Home Sales - Finance Facts","","Household income data for 1975 outlines differences by household composition, age of householder, and gender of household head, including how income rises into late middle age and then declines. The text links education levels to household income disparities, contrasting high school completion with several years of college versus fewer than eight years of schooling. It also summarizes 1976 retail performance by sector, existing home sales in November, capital spending expectations for 1977, business confidence trends, and cost changes for food at home between 1975 and 1976.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & Report",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/household-income-existing-home-sales-finance-facts/326169/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/household-income-existing-home-sales-finance-facts/326169.png","ImageObject",300,407,{"name":42,"@type":43},"Ophelia","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-11-09","2026-09-21",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",13,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What does the document say about how household income changes with the age of the household head?","Question",{"text":63,"@type":64},"Household income tends to rise until the head reaches late middle age and then declines. In 1975, mean income increases from under 25 years of age to the 45–54 range before dropping for 65 years of age and over.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How does education level relate to household income in 1975?",{"text":68,"@type":64},"The document states education is a key determinant of household income. The high school completion group is the largest, while households where the head completed four or more years of college have substantially higher mean income, and those with less than eight years of schooling have mean income well below the all-households average.",{"name":70,"@type":61,"acceptedAnswer":71},"What factors explain differences in retail performance across sectors in 1976?",{"text":72,"@type":64},"Retail sales in 1976 are described as totaling about $645 billion, with real volume increasing by less than 7% after inflation. Consumer durables improve much more than nondurables, with demand for durables rising by well over 15%, while nondurables rise about 8% in dollar sales and about half that in real terms.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},326169,1790400297,{"code":4,"msg":82,"data":83},"success",[84,88,92,96,101,106,111,115,120,123,127],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Story & 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averaged $13,779 in 1975 according to CensusBureau Surrey.Nonfarm households which comprised 96.6%of thetotal averaged $13,827-ferm households $12,408.Households headedbr males comprised 75.8%of the total and averaged $15,873-house-holds headed by females $7,201.  \nOf the $1,004.0 billion money income of all households in 1975,82.9%ofit went to households headed by persons 25 to 64 years of age.Thesegroups comprised 71.6Z of all houscholds.  \nHousehold income tends to rise until the head of the household reacheslate middleage and to decline thereafter.In 1975,mean income(thatis the total income for the group divided by the number in the group)rose from$8,989 for households in which the head was under 25 yearsof age,to$18,233for households headed by a person between 45 and 54yearscf age,then declined to 8,063 for households in which the headwas65yeasof ageor over.  \nEducation is one of the most important determinants of household income.The largest single group is that in which the houschold head has com-pleted high school but gore no further in school.In 1975,this groupcomprised 33.1%of the households and the mean income was 0.9%above that for all households,At the one extreme,where the house-hold head had completed four er more years of college,there were  \n16.4%of the households and themean income was 57.7%above that forall households.At the other extreme,wohere the household head hadcompleted less than eight years of school,there were 11.5%of thehouseholds and the mean income was 45.1%bclow that for all house-holds.  \n# EXISTING HOME SALES\n\nExisting single-family home sales in November rose 0.9%over Octoberlerel to a seasonally adjusted annual rate of 3,320,000,reports theNational Association of Realtors.This rate is slightly under previouspeak of 3,330,000 set in September.November sales were 17.37 higherfhan same month a year ago and 58.97 above November 1974.  \nMedian sales price in November edged up to $38,000,8.7%above the$35,700 price for November 1975.The West continued to be highest-priced region in U.S.with median price in November of $48,500.Homeprices in this region have increased 19.2 in one year period.NorthCentral region nedian price of S34,000 was 10.8%higher than Novem-ber 1975,South at $36,300 was 4.9%higher,and Northeast at $41,200wes 4.0%higher.  \n# FINANCE FACTS\n\nA Monthly Publication on Consumer Financial Behavior  \nAny or all the material in this publication may be quoted or reproduced.  \nFEBRUARY 1977  \nBy Educalion of Hood  \nThousands of Households  \nBilions of dollors  \n## RETAIL PERFORMANCE BY SECTOR\n\nCurrent available data indicate that retail sales in 1976 totaled some$645 billion,for a gain of about 10%over 1975 figures,reports The Con-ference Board.After adjusting for inflation,however,real volume wasestimated to have increased by less than 7%.Retail sales in consumerdurables showed a far better improvement than sales in nondurables.Demand for durables increased by well over 15%,with at least two-thirds of gain real.Dollar sales of nondurables were up about 8%,withslightly better than half that figure real.  \nAutomobile dealers sold an estimated 8.5 million domestically producedunits last year,for a gain of about 1.5 million,or 20%,compared with1975.Demand for automobiles was strong in first half of 1976 butslowed in summer and fall.Automobile dealers reported dollar volumeup about 26%over preceding year.Home furnishings dollar sales in-creased about 10%,after adjusting for infation about 6%.  \nRetail food stores reported dollar sales up around 6%.Infation in foodsector was only 1%,so real volume was up about 5%.Apparel salesshowed a 7%rise in dollar volume,after adjusting for inflation realvolume improved by only 2%.Outlets of women's apparel were betteroff than those of men's apparel.Women's apparel shops reported in-crease in dollar sales of 7.5%,while men's apparel stores were onlymarginally better than previous year.  \n(  \n## CAPITAL SPENDING\n\nBusin","cbCaiptuIAHifdi9","https://ap.wps.com/l/cbCaiptuIAHifdi9","pdf",1221508,"English","# Household Income\n# Existing Home Sales\n# Finance Facts\n## Retail Performance by Sector\n## Capital Spending\n## Businessmen’s Expectations\n## Cost of Food at Home","[{\"question\":\"What does the document say about how household income changes with the age of the household head?\",\"answer\":\"Household income tends to rise until the head reaches late middle age and then declines. In 1975, mean income increases from under 25 years of age to the 45–54 range before dropping for 65 years of age and over.\"},{\"question\":\"How does education level relate to household income in 1975?\",\"answer\":\"The document states education is a key determinant of household income. The high school completion group is the largest, while households where the head completed four or more years of college have substantially higher mean income, and those with less than eight years of schooling have mean income well below the all-households average.\"},{\"question\":\"What factors explain differences in retail performance across sectors in 1976?\",\"answer\":\"Retail sales in 1976 are described as totaling about $645 billion, with real volume increasing by less than 7% after inflation. Consumer durables improve much more than nondurables, with demand for durables rising by well over 15%, while nondurables rise about 8% in dollar sales and about half that in real terms.\"}]","HOUSEHOLD INCOME - Existing Home Sales - Finance Facts | PDF",1789972407]