<Table> <Tr> <Td> </Td> <Td> This article needs to be updated . Please update this article to reflect recent events or newly available information . (April 2017) </Td> </Tr> </Table> <Tr> <Td> </Td> <Td> This article needs to be updated . Please update this article to reflect recent events or newly available information . (April 2017) </Td> </Tr> <P> Household income is a measure of the combined incomes of all people sharing a particular household or place of residence . It includes every form of income, e.g., salaries and wages, retirement income, near cash government transfers like food stamps, and investment gains . </P> <P> Average household income can be used as an indicator for the monetary well - being of a country's citizens . Mean or median net household income, after taxes and mandatory contributions, are good indicators of standard of living, because they include only disposable income and acknowledge people sharing accommodation benefit from pooling at least some of their living costs . </P>

What does it mean by annual household income
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