You’re reading that article completely wrong…the numbers you posted are medians for upper income earners. The median US worker does not have 6 years of higher ed. I think only 20-30% even have a bachelor’s.
The median income in the US is 50k as of 2022. The 90th percentile is 120k-130k.
Those are disgustingly low for not having universal health or any social safety net like the rest of the industrialized world.
50k is more than most Europeans make with 3-6 years of education… That’s my point.
It is low, but the take home in Europe is even lower like 25-30k, 60k before taxes with years of education, and you’re still paying €300 each month for public health insurance which takes up 5-10% of your income.
Some of my coworkers with PHDs and post docs and 5-10 years are only pulling 90k before taxes. An electric bike for example still costs €3-4k, and they have to pay for registration and insurance on it.
You’re reading that article completely wrong…the numbers you posted are medians for upper income earners. The median US worker does not have 6 years of higher ed. I think only 20-30% even have a bachelor’s.
The median income in the US is 50k as of 2022. The 90th percentile is 120k-130k.
Those are disgustingly low for not having universal health or any social safety net like the rest of the industrialized world.
50k is more than most Europeans make with 3-6 years of education… That’s my point.
It is low, but the take home in Europe is even lower like 25-30k, 60k before taxes with years of education, and you’re still paying €300 each month for public health insurance which takes up 5-10% of your income.
Some of my coworkers with PHDs and post docs and 5-10 years are only pulling 90k before taxes. An electric bike for example still costs €3-4k, and they have to pay for registration and insurance on it.