@[email protected] to Personal [email protected]English • 6 months agoAmericans can no longer afford their carswww.newsweek.comexternal-linkmessage-square71fedilinkarrow-up1134arrow-down16cross-posted to: [email protected]
arrow-up1128arrow-down1external-linkAmericans can no longer afford their carswww.newsweek.com@[email protected] to Personal [email protected]English • 6 months agomessage-square71fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilinkEnglish1•6 months agoMedian seems a much better metric than average. The census.gov data for 2021 has median individual income at about $35k - much smaller than your sources for 23. Did it really increase nearly 50% in 2 years? Source
minus-square@sugar_in_your_tealinkEnglish1•6 months agoI’m not sure where that data is coming from, here’s what I found (source). This data set in particular (Excel file) shows the following: That’s for 2021 and 2022, and the median seems to be $49k in 2021 and $48k in 2022. $50k in 2023 seems plausible.
Median seems a much better metric than average.
The census.gov data for 2021 has median individual income at about $35k - much smaller than your sources for 23.
Did it really increase nearly 50% in 2 years?
Source
I’m not sure where that data is coming from, here’s what I found (source). This data set in particular (Excel file) shows the following:
That’s for 2021 and 2022, and the median seems to be $49k in 2021 and $48k in 2022. $50k in 2023 seems plausible.