How do I convert dollar values from the 1990 or 1980 Census to current values?
The 1990 Census asked respondents to report their income for the previous calendar year, 1989. The inflation factor to convert 1989 to 2002 dollars is 1.43; multiply 1989 dollars by this factor to obtain their equivalent in current dollars. Similarly, the 1980 Census asked for income during 1979. To convert 1979 dollars to their equivalent in current dollars, multiply by 2.44.