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Even just looking at the mean personal income in metropolitan areas, it's not much higher than that–it was 56k in 2019 and is now 64k, according to the BEA Metr
by AlchemistCamp 4y ago
Even just looking at the mean personal income in metropolitan areas, it's not much higher than that–it was 56k in 2019 and is now 64k, according to the BEA Metropolitan Area table: https://www.bea.gov/data/income-saving/personal-income-county-metro-and-other-areas https://www.bea.gov/data/income-saving/personal-income-count...
It doesn't include mean data but the mean personal income in cities may very well be below the 55k/year cutoff.
- dagmx 4y agoSure or it may be much higher depending on the specific metro. This is why you can’t take nationwide averages because the USA is a giant country , and the cutoff might be fine for one region but not another.