Comment by Toutouxc
2 days ago
Is this the thing where the 99th percentile people somehow think they're the average? I see that a lot on Reddit for some reason.
2 days ago
Is this the thing where the 99th percentile people somehow think they're the average? I see that a lot on Reddit for some reason.
It is a selection bias, plus perception that the people with more (the 0.01%) are a lot more common. "I dream of being rich, and to me rich is..."
More specifically:
To be in the top 10% of earners in the USA, you need an annual income of at least $148,812
To be in the top 5% of earners in the USA, you need an annual income of at least $352,773
The median salary in the USA is approximately $59,428 per year