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<br />55 <br />Effective Buying Income. “Effective Buying Income” is defined as personal income <br />less personal tax and nontax payments, a number often referred to as “disposable” or “after– <br />tax” income. Personal income is the aggregate of wages and salaries, other labor–related <br />income (such as employer contributions to private pension funds), proprietor’s income, rental <br />income (which includes imputed rental income of owner–occupants of non–farm dwellings), <br />dividends paid by corporations, interest income from all sources, and transfer payments (such <br />as pensions and welfare assistance). Deducted from this total are personal taxes (federal, state <br />and local), nontax payments (fines, fees, penalties, etc.) and personal contributions to social <br />insurance. According to U.S. government definitions, the resultant figure is commonly known as <br />“disposable personal income.” <br /> <br />The following table summarizes the total effective buying income for the City, the <br />County, the State and the United States for the period 2011 through 2015, which is the last year <br />for which such information is available. <br /> <br />TABLE 19 <br />CITY, COUNTY, STATE AND UNITED STATES <br />EFFECTIVE BUYING INCOME <br />As of January 1, 2011 through 2015 <br /> <br /> <br /> <br />Source: The Nielsen Company (US), Inc. <br /> <br /> <br />Year <br /> <br /> <br />Area <br />Total Effective <br />Buying Income <br />(000’s Omitted) <br />Median Household <br />Effective Buying <br />Income <br />2011 City of San Leandro $1,831,193 $48,748 <br /> Alameda County 39,064,683 54,542 <br /> California 814,578,458 47,062 <br /> United States 6,438,704,664 41,253 <br /> <br />2012 City of San Leandro $1,886,158 $48,664 <br /> Alameda County 43,677,855 55,396 <br /> California 864,088,828 47,307 <br /> United States 6,737,867,730 41,358 <br /> <br />2013 City of San Leandro $1,946,680 $49,747 <br /> Alameda County 43,770,518 57,467 <br /> California 858,676,636 48,340 <br /> United States 6,982,757,379 43,715 <br /> <br />2014 City of San Leandro $2,072,030 $52,266 <br /> Alameda County 47,744,408 60,575 <br /> California 901,189,699 50,072 <br /> United States 7,357,153,421 45,448 <br /> <br />2015 City of San Leandro $2,274,225 $55,822 <br /> Alameda County 52,448,661 64,030 <br /> California 981,231,666 53,589 <br /> United States 7,757,960,399 46,738