Thursday, October 28, 2010

You're Rich

I often like reminding people that they are in the top 10% of the world in terms of wealth, just by living in the US.  Of course, like everything I say, that is just something I made up.  So I decided to get around to doing a search to back it up.  Median income for highschool grad > 25 years old working full time in the US is $31,539.  According the the global rich list site that income would put them at the "375,759,196 richest person in the world" or "TOP 6.26%".  Median income for a BA degree of $50k, puts you in the top 0.98%.  The magic income to put you in the top 10% is $25k.

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