Wait a minute — I saw something totally different for the median US income as of October 2011. What I saw here is that median income is $26,364 — meaning half of Americans are below, and half above. This is the lowest since 1999. The MEAN (simple average) has actually gone up — because the people at the upper end have gone up, though most Americans have gone down in income.
Wait a minute — I saw something totally different for the median US income as of October 2011. What I saw here is that median income is $26,364 — meaning half of Americans are below, and half above. This is the lowest since 1999. The MEAN (simple average) has actually gone up — because the people at the upper end have gone up, though most Americans have gone down in income.
http://blogs.reuters.com/david-cay-johnston/2011/10/19/first-look-at-us-pay-data-its-awful/