The amount of after-tax income received by households is measured by:

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Disposable income is the amount of after-tax income received by households, i.e., the income that is available for spending, saving, or investing. Discretionary income is a subset of disposable income that is not already earmarked for essential expenses such as rent or groceries. Net domestic income is a broader measure that includes income earned by domestic residents from foreign sources, as well as income earned by foreign residents within the domestic economy. Personal income includes all types of income received by individuals, including wages, dividends, and transfer payments, but does not account for taxes paid.

The Amount of After-Tax Income Received by Households Is Measured