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At ~$30,000 annualized, it's higher than the median income in the EU, Germany or France.
by adventured 3y ago
At ~$30,000 annualized, it's higher than the median income in the EU, Germany or France.
- falcolas 3y agoAnd lower than the median income for the US. Gotta compare those wages to where you're earning them, otherwise we're all "effective billionaires" because we don't live where the average income is under $2 an hour.
- adventured 3y agoCertainly, however I was specifically replying to the parent comment in context.
- blablabla123 3y agoThe median income in Germany is 48600 $
- adventured 3y agoNo it's not. The median household income is lower than that figure. The US median individual income is higher than the German median, and the US median is well below that $48k figure. The full-time median wage in the US is around $56,000-$58,000 give or take. German wages at the median are typically ~1/3 lower than the US. "The average monthly gross income of households in Germany amounted to 4,979 euros in 2021, according to results of the continuous household budget surveys." - from destatis.de That's average and it's household. The true median individual (not full-time median) is far below that for example.
- kristianp 3y agoYou're comparing an annualised income with a median income figure which includes people who work part time.