5 ms·
Doesn't "average" = "middle class" by definition? US median individual income in 2022 was $48k https://en.wikipedia.org/wiki/Personal_income_in_the_United_Sta
by joshuahedlund 1y ago
Doesn't "average" = "middle class" by definition?
US median individual income in 2022 was $48k
https://en.wikipedia.org/wiki/Personal_income_in_the_United_States https://en.wikipedia.org/wiki/Personal_income_in_the_United_...
> The “average person” doesn’t make enough money to pay rent or afford groceries
<1% of the US population is homeless, and ~10% receive food stamps. The average person makes enough money to pay rent and buy groceries.
- darth_avocado 1y agoJust because people aren’t homeless and don’t qualify for food stamps doesn’t mean they can afford things. You need to make less than $33k for a family of 3 to even qualify for food stamps and then get disqualified if your total assets are above $4.5K. If you’re an adult without children, your food stamps eligibility is capped at 3 months every 3 years. A lot of people who need food stamps, do not qualify for them. Credit card debt is $1.2T, out of which 10% is delinquent for more than 90 days. https://www.stlouisfed.org/on-the-economy/2025/may/broad-continuing-rise-delinquent-us-credit-card-debt-revisited https://www.stlouisfed.org/on-the-economy/2025/may/broad-con... Student loan debt is at $1.7T. People are going into debt to buy groceries. https://www.cnbc.com/amp/2024/05/20/americans-are-going-into-debt-to-buy-groceries-research-finds.html https://www.cnbc.com/amp/2024/05/20/americans-are-going-into... The average American life is way worse than what people generally make it out to be.