what is the family income formula of months
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Household monthly income per person is calculated by taking the total gross household monthly income divided by the total number of family members living together.
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Multiply your hourly wage by how many hours a week you work, then multiply this number by 52. Divide that number by 12 to get your gross monthly income. For example, if Matt earns an hourly wage of $24 and works 40 hours per week, his gross weekly income is $960.
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