What does median salary mean?

Answer Median salary refers to the middle amount of money paid to an employee: half the employees earn more than the median and half of the employees receive less. If you ordered all of the salaries from ... Read More »

Top Q&A For: What does median salary mean

What was the median salary in 1960?

The median annual salary in the U.S. in 1960 was $5,600. The average annual income was $5,400 for men working full-time and $1,300 for women working both part- and full-time.Source:U.S. Census: Cur... Read More »

What is the median salary of a lawyer?

According to the Bureau of Labor Statistics, the median yearly salary for a lawyer is $110,590. This translates into a median hourly wage of $53.17. This is the national estimate for the lawyer occ... Read More »

Median Salary for Teachers?

Many people enter the field of teaching because it is a way to impact children's lives. Another perk with this job is that, even in a faltering economy, it can provide for a steady paycheck. This s... Read More »

How do you Calculate a Median Salary?

To calculate a median salary, list your salary data in either ascending or descending order. The number that falls directly in the middle is your median. If you are working with an even number, tak... Read More »