You don’t get more middle class than the median income. That’s the income at which half the country makes more and half make less. Median income is a better reflection of the lives of most people than average income, with which it is often confused. This is because the average income is skewed by the spectacular earnings of those at the very top, which forces it higher. Most people don’t make near the average income, but the median income is right in the middle. 50% of people make more than the median income and 50% make less. You can’t get any nearer to the middle. Continue reading “Meet the Median Family”
