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The income levels are also way off on globalrichlist.com $60,000 a year makes you the 11,425,788th richest person in the world? US median household income was
by mrep 7y ago
The income levels are also way off on globalrichlist.com
$60,000 a year makes you the 11,425,788th richest person in the world? US median household income was $59,039 in 2016 and if there are 125 million households in the US, then that means you are only the 62th million richest person in the US alone let alone the world.
- gowld 7y agoDue to the mixture of children and adults and eldert, singles and households, it's impossible to correctly combine stats from multiple sources, or even properly understand a single metric.
- tshibley 7y agoThey could be going off of per capita income rather than household income - US per capita income is closer to $32k a year[0], so 60k a year would put you quite high on that distribution. 0. https://www.census.gov/quickfacts/fact/table/US/SEX255217 https://www.census.gov/quickfacts/fact/table/US/SEX255217
- themagician 7y ago$60,000 a year is HOUSEHOLD income. In more than half of households there are at least two earners. This perctange rises when you look at median income households. The typical median income household is where both parents make around $30k–which is right around minimum wage. If you, as an single individual, are making $60,000 you have about TWICE as much money as the average, middle income American. I don't think you realize just how poor the average "middle class" person is.