3 ms·
Crazily enough, the median household income in New York City isn’t significantly different than the national average. In 2017 it was about 1k lower than the nat
by NineStarPoint 5y ago
Crazily enough, the median household income in New York City isn’t significantly different than the national average. In 2017 it was about 1k lower than the nation, and in 2018 it was 2k higher. The mean income in NYC is of course a fair bit higher than the national average, but in general that higher minimum wage doesn’t mean that people in NYC make much more than anyone else in the US, despite the significant cost of living there.
- dragonwriter 5y ago> Crazily enough, the median household income in New York City isn’t significantly different than the national average. In 2017 it was about 1k lower than the nation, and in 2018 it was 2k higher. Median household income and median wage (or, alternatively, the former and median personal income, which isn't quite the same thing as median wage, but closely related) are not the same things. Of course, this thread has gone from one person mentioning mean wage and salary income to the response discussing median wage as if it were the same to the response to that discussing median household income as if it was the same.