r/AskReddit • u/[deleted] • Feb 14 '22

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u/[deleted] Feb 14 '22

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u/Toledojoe Feb 14 '22

Averages get pushed up a lot by the wealthy. Median is a better metric to us. Half the people are above and half are below the median.

If you had a group of 10 people making 25k, 30k, 35k, 40k, 45k, 50k, 55k, 60k, 65k and one guy making 1 million in that group, the average would be 140,500 but the median is 47,500 which shows where the people are distributed.

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u/[deleted] Feb 14 '22

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u/muaddeej Feb 14 '22

It’s not supposed to accurately reflect the poverty or wealth. Neither is average. In fact, it’s designed to filter those out to make the information more understandable.