TIL over 50 years home prices have jumped 118% while income has only increased by 15%. To afford a home purchased in 2021 Americans needed an average income of $144,192 — far more than the median household income of $69,178.

Read more: http://cnbc.com/2021/11/10/home-prices-are-now-rising-much-faster-than-incomes-studies-show.html

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  1. Did you know average and median are two different things.

    Granted it will be close to average but it can be far off too.

    Average you add all the numbers together and divide by the total amount of numbers.

    Median you list out the numbers in order from least to most then take the one set of numbers in the very center of the list. If there are two, you take the average of those two.

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