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Median income is not the mean. It is the boundary where 50% make less, 50% more. It’s not skewed by outliers like the mean can be. The median for 45-55 year ol
by robotresearcher 5y ago
Median income is not the mean. It is the boundary where 50% make less, 50% more. It’s not skewed by outliers like the mean can be.
The median for 45-55 year olds is much higher than the population overall. It’s the highest of any 10-year cohort, IIRC.
- 0x0nyandesu 5y agoPlus high income areas skew up so if you're in some parts of the country a 50k car is on the low end.