Examples of 'median wealth' in a sentence
Meaning of "median wealth"
median wealth: Median wealth refers to the middle point of the distribution of wealth, where half of the population has more wealth and half has less. It is used in economics and sociology to measure the typical wealth of a population
How to use "median wealth" in a sentence
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median wealth
Look at median wealth per adult.
The report compares average wealth to the median wealth.
In the tables below mean and median wealth per adult are reported.
Real median wealth and real average wealth evolved very differently for different families.
Latina women with children have zero median wealth.
The ranking by median wealth per adult favours countries with lower levels of wealth inequality.
It also ranks at the top in the median wealth per adult ranking.
Black median wealth is 12 percent of white median wealth.
So Australia has the highest median wealth per adult in the world.
Median wealth has risen in most regions, while remaining below the peak level of 2007.
Credit Suisse report says median wealth of Australians is the highest in the world.
Why such a disparity in the difference between mean and median wealth holdings?
In many population sub-groups, real median wealth grew much more slowly than average wealth.
In 2018 Australia overtook Switzerland, and became the country with the largest median wealth per adult.
During the same period, the median wealth of white households fell by 16 percent.
See also
The most telling comparative measurement is median wealth ( per adult ).
For non-elderly couples with young children, * median wealth increased less than average wealth.
The wealth of white households is 13 times the median wealth of black households.
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Examples of using Median
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Average and median income of racialized groups
These studies show that the median
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