Yeah… the Median individual income is only 45k. So it kinda depends if the 70k threshold was accounting for household or single. If it’s just a single income then around 75% of Americans would not make it to the top 10%.
Household income is kinda a skewed way to evaluate income, especially considering that a lot of households do not share expenses equally. Younger generations could have 5 roommates and not make the 85k median.
Yeah… the Median individual income is only 45k. So it kinda depends if the 70k threshold was accounting for household or single. If it’s just a single income then around 75% of Americans would not make it to the top 10%.
Household income is kinda a skewed way to evaluate income, especially considering that a lot of households do not share expenses equally. Younger generations could have 5 roommates and not make the 85k median.