That website seems to be doing the mean average. The median average is 41k currently, and back in 2020 median income was 35k, so the OP post might be a few years old.
The (mean) average might be 59k now, but half of people are making below 41k. Median is generally a better stat because excessive incomes on the ends don’t skew it massively. Adjusted for inflation this is essentially the exact same situation workers have been in for half a century. Wage growth is non existent, adjusted for inflation.
That website seems to be doing the mean average. The median average is 41k currently, and back in 2020 median income was 35k, so the OP post might be a few years old.
The (mean) average might be 59k now, but half of people are making below 41k. Median is generally a better stat because excessive incomes on the ends don’t skew it massively. Adjusted for inflation this is essentially the exact same situation workers have been in for half a century. Wage growth is non existent, adjusted for inflation.
Median is
https://www.bls.gov/news.release/wkyeng.t02.htm
1,145 * 52 = $59540