Phrases with «median household»

The phrase "median household" refers to the middle point in a list of all households ranked by their income or any other characteristic. It represents the household that is exactly in the middle of the range, with half of the households having higher values and the other half having lower values. Full definition

Related phrases

Sentences with «median household»

  • We then took that five - year cost as a proportion of median household income in each city to determine affordability. (smartasset.com)
  • The city has one of the lowest unemployment rates, as well as one of the highest median household incomes in our study. (gobankingrates.com)
  • Another way to look at home prices is to compare the price of an average home with median household income. (canadiancapitalist.com)
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