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Old Posted Mar 30, 2012, 2:20 PM
iheartthed iheartthed is offline
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Quote:
Originally Posted by someone123 View Post
There are different income statistics and many are limited to people who report that they work full time. I was talking about 1% of the world's population, including people who did not work.

The mean per capita income in the US is $27,334 according to this -- http://quickfacts.census.gov/qfd/states/00000.html. That figure is the total amount of income reported in the US divided by the number of people.
But the mean is not a good measure, not least because it's diluted by people who are not in the workforce (like kids and senior citizens). The median is better for quantifying how many people actually make what. Since the median income of working people in the U.S. that means half of the workers in the U.S. make more than $40K. There are roughly 150,000,000 in the U.S. workforce so 75,000,000 in the U.S. alone make more than $40K. That's already more than 1% of the world's population.
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