I’m seeing median salary listed around 65. Is the median household income reflecting the number of single income families out there or just single people generally?
Average salary there is misrepresented, look at median income. That uses the total income of a household, and you can see there that it’s ~70k a year in 2021 per that article. Updated numbers are 76k, for a whole household.
Median income is 76k per household, so no, a 2 job family making median cannot live the dream.
I’m seeing median salary listed around 65. Is the median household income reflecting the number of single income families out there or just single people generally?
That’s for a household with dual incomes.
There are individual salary stats. And those may align with households as some households only have 1 income. https://www.usatoday.com/money/blueprint/business/hr-payroll/average-salary-us/
Average salary there is misrepresented, look at median income. That uses the total income of a household, and you can see there that it’s ~70k a year in 2021 per that article. Updated numbers are 76k, for a whole household.