eli5 Why do we use median salary instead of mean salary?

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Wouldnt mean salary be a better representation of the public then median?

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Anonymous 0 Comments

Both are used. Which is better depends on what you’re interested in knowing. Median is better to know what a “typical” person makes, which is why it’s more often cited.

A sales team may make on (mean) average $200k, but there could be a few superstars making $500k+. If you’re wondering if you should take the sales roll, you’ll want a better idea what you should expect to make and median makes more sense in that context.

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