5 ms·

it's not, it's slightly lower than the gdp per capita for the US.

• barrkel 9y ago
  Don't confuse mean with median. Someone earning the mean will be well above the median (i.e. earning more than most people) because the mean is skewed by the very well off.
  • ouid 9y ago
    I wasn't arguing that it was the mean, I was arguing that it's not a lot.
    • dsp1234 9y ago
      $55k is just under the median 'household' income ($59k), so it may not be a lot, but it's more than a lot of people have.
  • mikestew 9y ago
    Median household income in the U. S. is $56K. In this case, the point stands...kinda. But you're right, GDP isn't the way to measure, as GDP has been going up more than income. Which means someone is skimming, but that's a different discussion.
    • dsp1234 9y ago
      making $55k a year Median household income in the U. S. is $56K. So the person is making the same amount as the median 'household'.