Average House Hold Income for Design Year Formula

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Average House-Hold Income for Design Year is forecasting the Average of household income for the Design period. Check FAQs
Id=fiPcIcVcPdVd
Id - Average House-Hold Income for Design Year?fi - Growth Factor?Pc - Population of Zone for Current Year?Ic - Average House-Hold Income for Current Year?Vc - Average Vehicle Ownership for Current Year?Pd - Population of Zone for Design Year?Vd - Average Vehicle Ownership for Design Year?

Average House Hold Income for Design Year Example

With values
With units
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Here is how the Average House Hold Income for Design Year equation looks like with Values.

Here is how the Average House Hold Income for Design Year equation looks like with Units.

Here is how the Average House Hold Income for Design Year equation looks like.

409.998Edit=0.758Edit531Edit492Edit450Edit378Edit575Edit
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Average House Hold Income for Design Year Solution

Follow our step by step solution on how to calculate Average House Hold Income for Design Year?

FIRST Step Consider the formula
Id=fiPcIcVcPdVd
Next Step Substitute values of Variables
Id=0.758531492450378575
Next Step Prepare to Evaluate
Id=0.758531492450378575
Next Step Evaluate
Id=409.997962732919
LAST Step Rounding Answer
Id=409.998

Average House Hold Income for Design Year Formula Elements

Variables
Average House-Hold Income for Design Year
Average House-Hold Income for Design Year is forecasting the Average of household income for the Design period.
Symbol: Id
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Growth Factor
Growth factor depends on the explanatory variable such as population of the zone , average house hold income , average vehicle ownership.
Symbol: fi
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Population of Zone for Current Year
Population of Zone for Current Year is forecasting made to fulfill the demand at the time for current period.
Symbol: Pc
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Average House-Hold Income for Current Year
Average House-Hold Income for Current Year is forecasting the Average of household income for the current period.
Symbol: Ic
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Average Vehicle Ownership for Current Year
Average Vehicle Ownership for Current Year is forecasting the average vehicle ownership for the current period.
Symbol: Vc
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Population of Zone for Design Year
Population of Zone for Design Year is the forecast made to fulfill the demand at the time for design period.
Symbol: Pd
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Average Vehicle Ownership for Design Year
Average Vehicle Ownership for Design Year is forecasting the average vehicle ownership for the Design period.
Symbol: Vd
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.

Other formulas in Transportation System category

​Go Simple Expansion Factor
Fi=ab-d
​Go Number of Future Trips in Zone
Ti=tifi

How to Evaluate Average House Hold Income for Design Year?

Average House Hold Income for Design Year evaluator 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 evaluate 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 evaluate Average House Hold Income for Design Year using this online evaluator? To use this online evaluator 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.

FAQs on Average House Hold Income for Design Year

What is the formula to find Average House Hold Income for Design Year?
The formula of Average House Hold Income for Design Year is expressed as 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). Here is an example- 557.4792 = (0.758*531*492*450)/(378*575).
How to calculate Average House Hold Income for Design Year?
With 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) we can find Average House Hold Income for Design Year using the formula - 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).
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