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Average salary vs. median: What’s the difference?

Topics: Data & Research
A median is also known as the 50th percentile. Exactly 50 percent of people make less than the median and 50 percent make more. Cheers, .cta-inline-survey-start { clear: both; float: none; background-color: #eb5f00; box-sizing: border-box; font-family: 'Roboto', sans-serif; font-size: 16px; margin-bottom: 23.8px; padding: 1.5em; text-align: center; width: 100%; } .cta-inline-survey-start h2 { color: white; font-weight: 300; font-size: 2em; margin-top: 0; margin-bottom: 0.8em; } .cta-inline-survey-start button { background-color: transparent; border: 2px solid white; color: white; cursor: pointer; font-family: 'Roboto', sans-serif; font-size: 1em; font-weight: 300; padding: .75em; } @media (max-width: 1017px) { .cta-inline-survey-start { font-size: 14px; } } @media (max-width: 941px) { .cta-inline-survey-start { font-size: 13px; } } @media (max-width: 812px) { .cta-inline-survey-start { font-size: 12px; } } @media (max-width: 600px) { .cta-inline-survey-start { font-size: 14px; } } @media (max-width: 550px) { .cta-inline-survey-start { font-size: 13px; } } @media (max-width: 475px) { .cta-inline-survey-start { font-size: 12px; } } Do You Know What You're Worth? GET A FREE PAY REPORT Dr. Al Lee Tweet3Share2+1SharePinRedditEmail

An average salary or arithmetic mean is figured by selecting a group of people with Similar Profiles, adding up their salaries, then dividing this number by the total number of people in the group.

Average salary =  Sum of all salaries/total # of Similar Profiles

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