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Regression Dataset For Household Income Analysis

Synthetic Dataset for Understanding Factors Influencing Annual Household Income

@kaggle.stealthtechnologies_regression_for_household_income_analysis

About this Dataset

Regression Dataset For Household Income Analysis

This synthetic dataset simulates various demographic and socioeconomic factors that influence annual household income. It can be used for exploratory data analysis, predictive modeling, and understanding the relationships between different features and income levels.

Features:

  • Age: Age of the primary household member (18 to 70 years).

  • Education Level: Highest education level attained (High School, Bachelor's, Master's, Doctorate).

  • Occupation: Type of occupation (Healthcare, Education, Technology, Finance, Others).

  • Number of Dependents: Number of dependents in the household (0 to 5).

  • Location: Residential location (Urban, Suburban, Rural).

  • Work Experience: Years of work experience (0 to 50 years).

  • Marital Status: Marital status of the primary household member (Single, Married, Divorced).

  • Employment Status: Employment status of the primary household member (Full-time, Part-time, Self-employed).

  • Household Size: Total number of individuals living in the household (1 to 7).

  • Homeownership Status: Homeownership status (Own, Rent).

  • Type of Housing: Type of housing (Apartment, Single-family home, Townhouse).

  • Gender: Gender of the primary household member (Male, Female).

  • Primary Mode of Transportation: Primary mode of transportation used by the household member
    (Car, Public transit, Biking, Walking).

  • Annual Household Income: Actual annual household income, derived from a combination of features
    with added noise. Unit USD


This dataset can be used by researchers, analysts, and data scientists to explore the impact of various demographic and socioeconomic factors on household income and to develop predictive models for income estimation.

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