5 ms·

This is just mean ($1.1m) vs median ($0.2m) confusion. The underlying data are here: https://www.federalreserve.gov/econres/scf/dataviz/scf/chart/#series:Net_W

This is just mean ($1.1m) vs median ($0.2m) confusion. The underlying data are here: https://www.federalreserve.gov/econres/scf/dataviz/scf/chart/#series:Net_Worth;demographic:all;population:1;units:mean;range:1989,2022 https://www.federalreserve.gov/econres/scf/dataviz/scf/chart....

Bostonian 3y ago
The article title is misleading then.
thfuran 3y ago
I think it's profoundly misleading to call the mean the "standard" when it deviates so much from the median, but I guess they don't.
- jghn 3y ago
  two hundred thousandaire doesn't roll off the tongue as well