How estimates of median income vary so much.

Question

I’m trying to find the median income in the US. [The census says that it’s about 61k](https://www.census.gov/library/publications/2018/demo/p60-263.html), but [the Social Security Administration says that it’s about 29k.](https://www.ssa.gov/cgi-bin/netcomp.cgi?year=2014) How is there such a huge difference in the two numbers?

In: Economics

Answer 1

Thank you, u/DeviaI, u/Target880, and u/blipsman ! That makes much more sense.