How to Calculate Average House Hold Income for Design Year?
Average House Hold Income for Design Year calculator uses Average House-Hold Income for Design Year = (Growth Factor*Population of Zone for Current Year*Average House-Hold Income for Current Year*Average Vehicle Ownership for Current Year)/(Population of Zone for Design Year*Average Vehicle Ownership for Design Year) to calculate the Average House-Hold Income for Design Year, The Average House Hold Income for Design Year formula is defined as forecasting the Average of household income for the Design Year. Average House-Hold Income for Design Year is denoted by Id symbol.
How to calculate Average House Hold Income for Design Year using this online calculator? To use this online calculator for Average House Hold Income for Design Year, enter Growth Factor (fi), Population of Zone for Current Year (Pc), Average House-Hold Income for Current Year (Ic), Average Vehicle Ownership for Current Year (Vc), Population of Zone for Design Year (Pd) & Average Vehicle Ownership for Design Year (Vd) and hit the calculate button. Here is how the Average House Hold Income for Design Year calculation can be explained with given input values -> 557.4792 = (0.758*531*492*450)/(378*575).