Median Income By Age

A couple of weeks ago I posted a video entitled Average Income By Age Group.

I thoroughly enjoy comparison videos like this, and it seems like you guys dis as well. But, as much as the average comparison was enjoyed, averages can be skewed - and not really all that representative of what is well, truly average. So a different video was requested. That request was for MEDIAN income by age, so it could serve as a more accurate comparison measure.

So here we go, Median Income By Age!

Averages can easily be skewed by outliers, in this case, really high income earners can pull that average upward. However, the cool thing about the median is that it is smack dam in the middle - so often it can really serve as a great representation of what is typical.

If you are interested in visiting the site I used for stats in this video, I will link it here:

https://dqydj.com/income-percentile-by-age-calculator/

It actually has a spot where you can enter your income and it will tell you exactly what percentile you fall into. Give it a go and leave a comment down below!

Interested in seeing how the average compares to the median, here's the average income by age: https://www.youtube.com/watch?v=51rUkqB14kk

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#incomebyage #averageincome

Видео Median Income By Age канала Erin Talks Money