Friday, May 3, 2019
The Per Capita Income is Not the Average Skewed Income With Billionaires Like Gates Averaged In
Meaning the $28/hr average income in 2019 is $19/hr per capita. This agrees with other SWE raw data sources at about $20/hr in Seattle [or Kansas City, SF, NYC, etc,etc]…
“…The 2017 nominal median income per capita was $31,786. Because there are quite a few extremely wealthy individuals in America, the mean is much higher. In 2017, the mean income per capita was $48,150. The Census Bureau reports it in the Current Population Survey, Table PINC-01….”
https://www.thebalance.com/income-per-capita-calculation-and-u-s-statistics-3305852
I’ve been documenting this for years and all the MSM [even FOX] has deaf ears to the real per capita pay raw data….LOL…BTW, the avg number of “per capita pay” workers per Seattle household is 1.2, about $48K per Seattle area household IOWs. Not near the $250K/Yr to be Middle Class in Seattle…
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment