Quote:Median income isn't a great statistic, it gets pulled up a lot by the top 1%.

 

50th percentile income is a better one. For a household that would be about 42,000 a year, or for two earners, two people working full time at about $10 an hour.

 

There are worse things than living on ~$40k/year, but that's the 50% percent mark. Half of all Americans are below that level.

 

I'm below that level and have been my entire working life, but I'd say I live a pretty good life even compared to most in Europe.

 

I own my own 2400 sqft home on 3 acres of land. I have a 2007 truck and 2004 car, I have 2 big screen tv's and I'm able to provide toys for my four kids. I'm even planing on buying another 3 acres and a boat in a few years, try and do that on 33k a year in Europe?

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