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MS Excel : How to divide income range into groups?


I am having a table that has 2500 rows.

There is a column Income which has the values in the form of ranges.

10000 - 14999
100000 - 149999
15000 - 19999
150000 - 174999
175000 - 199999
20000 - 24999
200000 - 249999
25000 - 29999
250000+
30000 - 34999
35000 - 39999
40000 - 44999
45000 - 49999
50000 - 54999
55000 - 59999
60000 - 64999
65000 - 74999
75000 - 99999
Under 10000

Some are blank cells.

I need to create a new column based on this

1.$ 30000- $50000- Low Income Group
2.$ 51000-$125,000-Medium Income Group
3.$ 125,00-$ 250,000-Higher Medium Income Group
4.$ 251,000- $ 500,000-Donor Group
5.$ 500,000 and Over- Bigger Donor Group

I am not good at Excel, can someone please guide me through?

It would be appreciated, I am using Excel 2010


Solution

  • Suppose you have input as shown below Cell A and you want output as shown in Cell B & C. Then you need to write what I have in Cell D, Cell E & Cell F.

    To get output as shown in Cell B & C you need to write below.

    =VLOOKUP(A2,$D$2:$F$20,2,FALSE) in Cell B1 & =VLOOKUP(A1,$D$1:$F$19,3,FALSE) in Cell C1. The drag that formula acorss column.

    + Cell A         +  Cell B     +    Cell C       ++      Cell D        +     Cell D     +     Cell F        +
    +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
    +10000 - 14999   + US Dollar 1 +  Income Group 1 ++   10000 - 14999    +  US Dollar 1   +   Income Group 1  +
    +10000 - 14999   + US Dollar 1 +  Income Group 1 ++   100000 - 149999  +  US Dollar 2   +   Income Group 2  +
    +10000 - 14999   + US Dollar 1 +  Income Group 1 ++   15000 - 19999    +  US Dollar 3   +   Income Group 3  +
    +100000 - 149999 + US Dollar 2 +  Income Group 2 ++   150000 - 174999  +  US Dollar 4   +   Income Group 4  +
    +25000 - 29999   + US Dollar 8 +  Income Group 8 ++   175000 - 199999  +  US Dollar 5   +   Income Group 5  +
    +250000+         + US Dollar 9 +  Income Group 9 ++   20000 - 24999    +  US Dollar 6   +   Income Group 6  +
    +                +             +                 ++   200000 - 249999  +  US Dollar 7   +   Income Group 7  +
    +                +             +                 ++   25000 - 29999    +  US Dollar 8   +   Income Group 8  +
    +                +             +                 ++   250000+          +  US Dollar 9   +   Income Group 9  +
    +                +             +                 ++   30000 - 34999    +  US Dollar 10  +   Income Group 10 +
    +                +             +                 ++   35000 - 39999    +  US Dollar 11  +   Income Group 11 +
    +                +             +                 ++   40000 - 44999    +  US Dollar 12  +   Income Group 12 +
    +                +             +                 ++   45000 - 49999    +  US Dollar 13  +   Income Group 13 +
    +                +             +                 ++   50000 - 54999    +  US Dollar 14  +   Income Group 14 +
    +                +             +                 ++   55000 - 59999    +  US Dollar 15  +   Income Group 15 +
    +                +             +                 ++   60000 - 64999    +  US Dollar 16  +   Income Group 16 +
    +                +             +                 ++   65000 - 74999    +  US Dollar 17  +   Income Group 17 +
    +                +             +                 ++   75000 - 99999    +  US Dollar 18  +   Income Group 18 +
    +                +             +                 ++   Under 10000      +  US Dollar 19  +   Income Group 19 +
    +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
    

    NOTE

    You need to update column E & F as per your requirement. Let me know your email id if you need the sample excel that I have created.

    Good Luck!!!