Table 1

Sample Means

VariableMean
(1)
SD
(2)
Social Security income of male head 8,508 1,377
Social Security income of family members other than male head 2,700 1,038
Family Social Security income11,208 2,283
Family Social Security income per equivalent 7,540 1,556
Median family total income per equivalent17,747 3,252
Absolute poverty rate 0.193 0.085
Relative poverty rate 0.257 0.080
Mortality rate 0.119 0.073
Early claiming age62.9 1.3
Simulated Social Security income for age-65 claiming10,3422,561
Veteran 0.726 0.126
White 0.913 0.029
High school graduate 0.183 0.069
Some college 0.079 0.037
College graduate 0.056 0.024
More than college 0.044 0.022
Married 0.692 0.114
Divorced or separated 0.034 0.017
Widowed 0.228 0.124
Medicare eligible 0.635 0.482
Disability insurance eligible 0.848 0.359
Quarters of coverage for age-72 benefits15.816.8
  • Notes: The table shows means and standard deviations for selected variables from the CPS data set described in text.