this post was submitted on 16 Sep 2023
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Worth mentioning that this looks to be based on mean salaries rather than median so your real world percentages would likely be higher.
The footnote explicitly says “median”. What makes you doubt that?
Calculating the UK out:
That sits abit lower than the median here in the UK but the mean is much higher
The UK government says the median household income is 32,349£, the mean is 39,328£ in 2022. Data from 2020: the median was 29,900£, while the mean was 36,900£.
In both cases the median comes way closer to the £27,457 you calculated than the mean.
Agreed
No, it literally says it's based on the median at the bottom.
I assume it is based on net income, correct?