Quote:
Originally Posted by Botnst
Annual income parking ramp
Income level (percentile).........Median income (rounded)
Level VI (90 to 100)................$170,000
Level V (80 to 89.9).................$99,000
Level IV (60 to 79.9) ................$65,000
Level III (40 to 59.9)................$40,000
Level II (20 to 39.9).................$24,000
Level I (less than 20)................$10,000
Net worth parking ramp
Net worth (percentile) Median net worth (rounded)
Level VI (90 to 100)................$833,600
Level V (80 to 89.9)................$263,100
Level IV (60 to 79.9)...............$141,500
Level III (40 to 59.9)................$62,500
Level II (20 to 39.9).................$37,200
Level I (less than 20).................$7,900
Source: Family Net Worth, 2001 Federal Reserve Board Survey
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I'm not grasping the presentation of the data. If a specific median net worth is noted, it should correlate with a specific percentile...........and not a range as indicated in the above tables. Does $170K on the income graph correlate with the 90% point........or the 92% point..........or the 99% point?
Maybe the question is a moot point?