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The Average U.S. Household Budget in One Chart
350 sats \ 11 comments \ @jakoyoh629 10h charts_and_numbers
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90 sats \ 0 replies \ @freetx 9h
savings $871 taxes $1161
sad state of affairs...
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38 sats \ 1 reply \ @SimpleStacker 9h
I'd be much more interested in the median than the average. For these statistics, the average is only useful as a mathematical convenience (total = average*#units). But the median gives you a much better sense of how the typical person lives.
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30 sats \ 0 replies \ @Bell_curve 9h
average looks too high anyway
from the article: For context, median household income for that same year stood at $80,610, about $20,000 lower than the average.
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21 sats \ 4 replies \ @Bell_curve 9h
The average seems high for a month
average household income is $101k per year?
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13 sats \ 0 replies \ @Longtermwizard 9h
That's a lot of money!
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0 sats \ 2 replies \ @jakoyoh629 OP 9h
All figures listed are averages and do not account for variances between states with significantly different costs of living.
Additionally this chart breaks down the average pre-tax household income by month. And averages can be skewed by ultra-wealthy outliers in the country with significantly larger expenses.
For context, median household income for that same year stood at $80,610, about $20,000 lower than the average.
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13 sats \ 1 reply \ @Longtermwizard 9h
That's still a lot of money man.
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0 sats \ 0 replies \ @Bell_curve 9h
these averages are not interesting because they don't tell us anything valuable
something more useful would be average or median retirement savings by age 59.5
average or median wealth or net worth
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0 sats \ 0 replies \ @Aardvark 6h
Where's the big slice of pie that says bitcoin?
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0 sats \ 1 reply \ @nym 9h
I know a lot of folks that spend a lot more than that on groceries.
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10 sats \ 0 replies \ @realBitcoinDog 6h
Where is the Coke Zero budget?
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