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To put it another way, the purchasing power of a dollar compared to the U.S. average is $1.13 in Birmingham and $0.79 in San Jose. The net impact of accounting for differences in the purchasing power of a dollar in different MSAs is to narrow the gap in the standard of living between rich and poor cities. [6]
Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings. (See Income inequality in the United States.)
Many parents object to this annual shuffle. For the 2008–09 school year, for example, the school district has stated that it will reassign some 6,464 students in order to affect a new system-wide policy designed to help schools in the same geographic area achieve similar economic demographics.
According to PayScale, an MBA in information technology offers the highest average annual salary at $116,000. The next-highest average annual salary goes to MBA graduates in real estate, who earn ...
College-educated workers with considerably higher-than-average incomes and compensation; a man making $57,000 and a woman making $40,000 may be typical. Lower middle class (30%) Semi-professionals and craftsmen with a roughly average standard of living. Most have some college education and are white-collar. Lower middle class (32%)
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Metropolitan Statistical Area (MSA) Status Educational Attainment of Householder* Under 65 years 65 years and older Native-born Foreign-born Inside MSA Outside MSA No high school diploma High school, no college Some college Bachelor's degree or higher $80,734: $47,620: $71,522: $66,043: $73,823: $53,750: $30,378: $50,401: $64,378: $115,456