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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.
The average median income is exactly in the middle of the range of incomes. Half of Americans make more and the other half make less. The U.S. Census Bureau reported that the average median income was $56,516 per household in 2015. A household is any group of people who live together.