Median income
Term · Economic statistics · MLC-T-ECS-001167
The median income divides the income distribution into two equal groups, one having incomes above the median, and other having incomes below the median.
| Identifier | MLC-T-ECS-001167 |
|---|---|
| Field | Economic statistics |
| References | U.S. Census Bureau Glossary |
| See also | Income |
Record as JSON
{
"id": "MLC-T-ECS-001167",
"term": "Median income",
"field": "Economic statistics",
"definition": "The median income divides the income distribution into two equal groups, one having incomes above the median, and other having incomes below the median.",
"see_also": [
"Income"
],
"references": [
"U.S. Census Bureau Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/median-income/"
}
Record 1,167 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.