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30k is not the median income in the U.S. and there are plenty of ways to make a decent living without working for FaceBook. You can make a very nice living as a

by tharne 5y ago

30k is not the median income in the U.S. and there are plenty of ways to make a decent living without working for FaceBook. You can make a very nice living as a developer working for non-tech companies. Or, if you prefer not working in front of a computer, you can make quite a bit driving a forklift or working as a plumber.

robocat 5y ago
“The U.S. Census Bureau lists the annual real median personal income at $35,977 in 2019” Calling it $30k is wrong, but not very wrong. Also note: “The U.S. Census Bureau also reports the median income for each family. In 2019, it was $86,011.” (Note I didn’t double check numbers above, they were just the first I found from Google results).
- TheCoelacanth 5y ago
  $35k includes children, retirees and other people who don't work for whatever reason.
  - dragonwriter 5y ago
    Median full-time worker weekly pay projected on an annual (52 week) basis for Q3 2021 is $52,156 (52 × $1,003).
  - robocat 5y ago
    Are you sure children are included? “The Census calculates per capita income by taking the total income for the previous year for everyone 15 years and older.” - https://www.thebalance.com/income-per-capita-calculation-and-u-s-statistics-3305852 https://www.thebalance.com/income-per-capita-calculation-and... The census specifically doesn’t ask for income for children below 15, so perhaps that is the meaning of the sentence above, and per capita calculation does include kids as $0 income for calculating median - although that would be weird IMHO. Unclear, and I got bored looking for exact details, so gave up quickly!
- dragonwriter 5y ago
  Note that “family” for income statistics means a household of two or more people who have relations from specified set between members, so that median family income is kind of like median household income, except that it excludes all single-member households as well as multimember non-family households (who are typically living together to save money), so it is biased strongly upward compared to similar household stats.

by tharne 5y ago

robocat 5y ago

“The U.S. Census Bureau lists the annual real median personal income at $35,977 in 2019” Calling it $30k is wrong, but not very wrong. Also note: “The U.S. Census Bureau also reports the median income for each family. In 2019, it was $86,011.” (Note I didn’t double check numbers above, they were just the first I found from Google results).

TheCoelacanth 5y ago
$35k includes children, retirees and other people who don't work for whatever reason.
- dragonwriter 5y ago
  Median full-time worker weekly pay projected on an annual (52 week) basis for Q3 2021 is $52,156 (52 × $1,003).
- robocat 5y ago
  Are you sure children are included? “The Census calculates per capita income by taking the total income for the previous year for everyone 15 years and older.” - https://www.thebalance.com/income-per-capita-calculation-and-u-s-statistics-3305852 https://www.thebalance.com/income-per-capita-calculation-and... The census specifically doesn’t ask for income for children below 15, so perhaps that is the meaning of the sentence above, and per capita calculation does include kids as $0 income for calculating median - although that would be weird IMHO. Unclear, and I got bored looking for exact details, so gave up quickly!
dragonwriter 5y ago
Note that “family” for income statistics means a household of two or more people who have relations from specified set between members, so that median family income is kind of like median household income, except that it excludes all single-member households as well as multimember non-family households (who are typically living together to save money), so it is biased strongly upward compared to similar household stats.