|William H. Magill on Tue, 8 Jul 2003 22:59:20 -0400|
On Tuesday, July 8, 2003, at 11:24 AM, Craig Brennan wrote:
I don't know where your "massive salary" idea came from, but I started at $30,000 per year... not bad, but certainly not massive.
The latest data I can find is for 2000...
The Median HOUSEHOLD income for the US was $39,657 In Pennsylvania, it was slightly less, $38,938. In the Philadelphia METRO (MSA) it was $47,345. In Philadelphia it was $29,947. In the Philadelphia suburbs it was $55,823.
Median "per capita" income for the MSA was $28,874. and for Philadelphia it was $16,147. and for the Phila suburbs it was $27,385.
So a starting salary (which, I believe is for a Bachelors with no additional credits) of $30,000 is pretty massive when compared to the median for the rest of the city. And above the medians for both the MSA and the suburbs.
[And remember, the median is not the average. The median is halfway between the highest and the lowest numbers reported. The average income numbers are higher, being significantly distorted by 8 figure "executive" compensation packages.]
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