What is Disposable Income?

Disposable income refers to the income obtained by households and can be used for discretionary income. Includes wages for family members engaged in major occupations and labor income from secondary occupations, other part-time, and occasional labor.

Disposable income

Residents' disposable income is calculated from the total daily income of households. Included in total household income

Disposable income is the amount a person, household or household can

Discretionary Income, which refers to the portion of income that a person, resident, or family can use to purchase luxury goods in addition to essentials. When distinguishing whether some products are necessities or luxury goods, it depends on the living standard of a region. In rich areas, cars and phones are generally considered necessities, while in less developed areas, cars and phones are typical luxury goods.