3 ms·
Median income in the US is much lower than 97k. It's around 65k. Median net worth is about 68k. Mean is slightly higher because the top .001 makes so much more
by cannonedhamster 7y ago
Median income in the US is much lower than 97k. It's around 65k. Median net worth is about 68k. Mean is slightly higher because the top .001 makes so much more than everyone else. It's definitely higher than zero. Not sure where your numbers came from?
- MR4D 7y agoAccording to Marketwatch [1] you are incorrect. The MEDIAN NET WORTH is $97,300. The MEAN is way higher at $692,100. Also, note that this figure varies considerably by age and education, as you might expect. [1] - https://www.nerdwallet.com/article/how-your-net-worth-compares-and-what-matters-more https://www.nerdwallet.com/article/how-your-net-worth-compar...
- thatfrenchguy 7y agoYeah, everyone knows means are lying, especially in super-unequal societies. No-one cares about the mean, you want to look at the distribution