3 ms·

Somewhat interesting and purely academic curiosity, but US GDP (20 trillion) split evenly among US pop (330 million) is roughly $60k/year, compared to average i

• ChrisLomont 7y ago
  Interesting, but only about half those people work, and even fewer full time.
• jonahbenton 7y ago
  Well, actually- There is a way of calculating GDP that uses aggregated payroll income...but it also uses other accounting measures that reflect the notion of "national income", like corporate profits (which are revenue in excess of expenses, which include payrolls) as well as others. The interesting point is that less than 50% of the US population are on payroll. So summing the average income of 63k/year for everyone on payroll accounts for well less than half of GDP. The point you wanted to make was- where the F are all the rest of those sweet sweet income money dollars going?
• RareSoft 7y ago
  Base it on just the adult population of around 254 million and it goes up to over $78k/year.
• fallingfrog 7y ago
  That includes children. And, remember that the median income is only 30k, so the average is skewed by a few people at the top making ridiculous amounts of money. But if it were split evenly, you’re right, the median American would at least double their income!