What is the meaning of per capita disposable income of urban residents ? How is it calculated?

According to the basic explanation of statistical terminology, "the per capita disposable income of urban residents refers to the income that can be used to pay for living expenses in the total income of residents' households. Per capita disposable income is the average cost of living income per person based on the total population of a household. It includes all the regular and one-time incomes of all members of the household, such as salaries, bonuses, allowances, laundry expenses, book and newspaper expenses, transportation subsidies, subsidies, one-child expenses, and the income of divorced and retired people, income from maintenance and gifts, income from property and property, interest income, manuscript fees, lecture fees, etc., but shall deduct maintenance, gift expenses, accounting subsidies, individual taxes (personal income tax, vehicle and vessel use tax, etc.) and the 'fire expenses' that the non-family population often pays for private meals."

What exactly is the disposable income of urban residents? How is it calculated? I'll tell you the answer.

The total household income includes personal income tax, provident fund, pension, medical care, unemployment, etc., which belong to the rigid expenditure that the state pays first or the family members of the residents, so this part of the nominal income (which is not free for residents) must be deducted, and the rest is the income that residents can use for discretion.

Calculation formula: disposable income of residents = total household income of urban residents - income tax paid - social security expenditure paid by individuals. Total household income includes salary income, net operating income, property income (such as interest and dividends, rent income, etc.), and transfer income (such as pension, retirement pension, social assistance income, etc.).

The main difference between the per capita disposable income of urban residents and the per capita disposable income of urban residents nationwide lies in the scope and caliber of statistics.

The per capita disposable income of urban residents mainly considers the disposable income of residents living in urban areas, and its statistical scope is limited to residents in urban built-up areas, excluding residents in villages and townships. The per capita disposable income of urban residents in China takes into account the disposable income of all urban residents nationwide, including urban and rural residents.

In addition, the calculation of the two is also different. The per capita disposable income of urban residents is calculated in the built-up areas of cities, while the per capita disposable income of urban residents is calculated nationwide.

Generally speaking, the per capita disposable income of urban residents and the per capita disposable income of urban residents across the country are different in terms of statistical scope, calculation methods, and functions.

Legal analysis: The per capita disposable income of residents in the whole year was 32,189 yuan, an increase over the previous year, and the actual growth was deducted from the first factor. The median per capita disposable income of residents nationwide [47] was 27,540 yuan, an increase.

According to the place of permanent residence, the per capita disposable income of urban residents was 43,834 yuan, an increase over the previous year, and the actual increase was after deducting the first factor. The median per capita disposable income of urban residents was 40,378 yuan, an increase. The per capita disposable income of rural residents was 17,131 yuan, an increase over the previous year.

The median per capita disposable income of rural residents was 15,204 yuan, an increase. The ratio of per capita disposable income of urban and rural residents was smaller than that of the previous year. According to the quintile income group[48], the per capita disposable income of the low-income group was 7,869 yuan, the per capita disposable income of the lower-middle-income group was 16,443 yuan, the per capita disposable income of the middle-income group was 26,249 yuan, the per capita disposable income of the upper-middle-income group was 41,172 yuan, and the per capita disposable income of the high-income group was 80,294 yuan.

The per capita monthly income of migrant workers nationwide was 4,072 yuan, an increase over the previous year.

Legal basis: Article 5 of the Labor Law of the People's Republic of China The State shall take various measures to promote labor employment, develop vocational education, formulate labor standards, regulate social income, improve social insurance, coordinate labor relations, and gradually improve the living standards of workers.

Per capita disposable income is often used to refer to the disposable income of residents or friends per year, which is not strictly accurate. Disposable income is the sum of residents' final consumption expenditure and savings, that is, the income that residents can use for discretionary use. It includes both cash and in-kind income.

According to the ** of income, disposable income includes four items, namely: salary income, net operating income, net property income and net transfer income. Article 1 of the Individual Income Tax Law.

The per capita disposable income of urban residents refers to the part of the income that reflects the total cash income of the household that can be used to arrange the daily life of the household. It is the total household income after deducting the income tax paid, the social security contributions paid by the individual, and the bookkeeping subsidy of the surveyed household.

In 2020, the per capita disposable income of urban residents nationwide will be 43,834 yuan, a nominal increase over the previous year, and the actual growth after deducting the most important factors. The median per capita disposable income of urban residents was 40,378 yuan, an increase.

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In 2022, the per capita disposable income of urban residents will be 49,283 yuan, an increase over the previous year.

Per capita disposable income = (total household income - income tax paid - social security expenditure paid by individuals - accounting subsidy) household size.

On February 28, 2023, the National Bureau of Statistics (NBS) released the Statistical Communiqué of the People's Republic of China on National Economic and Social Development in 2022. According to preliminary calculations, in 2022, the per capita disposable income of urban residents will be 49,283 yuan, an increase over the previous year, and the actual increase will be after deducting the first factor. The median per capita disposable income of urban residents was 45,123 yuan, an increase.