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Median income is the amount which divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount. Mean income (average) is the amount obtained by dividing the total aggregate income of a group by the number of units in that group.
This article will attempt to explain what constitutes each income class, and what the government is doing to address the declining U.S median. The median income amount is the amount that divides the U.S. incomes in half, with the median income being $50,054.