Families are economically successful when they can meet their needs, provide a stronger and more protected financial future, and can move stably towards attaining the family vision. Economic status represents the economic capacity of families to meet their material and non-material needs. The aim of this article is to determine the effect of demography variables that is, age, gender, level of education, and occupation, on family economic status (FES). FES included three dimensions (income, expenditure, and ownership of physical asset). In this study, questionnaires were used as a survey instruments; the researcher selected 390 households, based on Kraji and Morgan table. Data collection was through face-to-face interviews to obtain information from the heads of households. In this research, Pearson product-moment correlation, Chi-square, Spearman rho, and independent sample t-test were used to analyse the data. Findings indicated that the demography variables have effect on FES, and the dimensions, but the effect was different in variables. It may be interesting for future studies to look at the effect of other elements on FES.
Key words: Demographic variables, income, expenditure, ownership of physical asset.
Copyright © 2020 Author(s) retain the copyright of this article.
This article is published under the terms of the Creative Commons Attribution License 4.0