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Half of America Makes Less Than 35k (lemmy.world)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 23 points 10 months ago (2 children)

The median net compensation for American workers in 2019 was $34,248.45, which is less than $35,000. So, the claim in the screenshot is apparently accurate for individuals. Granted, household income is a better indication of socioeconomic standing for people with spouses.

[–] [email protected] 2 points 10 months ago (1 children)

Source?

[–] [email protected] 9 points 10 months ago* (last edited 10 months ago)

OP is off by $5k according to this: https://fred.stlouisfed.org/series/MEPAINUSA646N Median personal income hit $40k in 2022.

EDIT: I wasn't suggesting that $5k difference is enough to invalidate OPs point. $40k is obviously ridiculously low.

[–] [email protected] 0 points 10 months ago

That's from when Trump was president, it's $CURRENT_YEAR, for God's sake