Average household income really $900k?

Pprior

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Average is a terrible metric for a statistical sample with wide deviation like income. Worthless. Median would be a much more meaningful number.
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whitex

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Average is a terrible metric for a statistical sample with wide deviation like income. Worthless. Median would be a much more meaningful number.
Yea, but that wouldn't make a splashy headline the politicians can use to justify why people who buy a $90K Taycan won't even notice if the rebate is not there.
 

jvdsanden

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KensingtonPark

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Type mistake just one zero to much...
It is clearly a regional thing, but in the NY area and the San Francisco area (the two areas of the country where I personally know Taycan owners), I would say every one of the 20 Taycan owners that I know makes more than $900k/year - a lot more. Not a great sample, but it does highlight that the plausibility of the statistic.
 
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every one of the 20 Taycan owners that I know makes more than $900k/year
Type mistake just one zero to much... ???
Not only do you know 20 Taycan owners, but you know 20 that are willing to tell you how much they make? (And that you trust aren't exaggerating?)
 

KensingtonPark

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Type mistake just one zero to much... ???
Not only do you know 20 Taycan owners, but you know 20 that are willing to tell you how much they make? (And that you trust aren't exaggerating?)
I suppose a couple of them could be. Most of them, unfortunately for them, have had to had at least their company compensation disclosed in public documents, so for them it is fairly easy. All of them live in >$3M houses and have jobs consistent with >$2M annual compensation (hedge fund, VC and C-suite).
 

whitex

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I suppose a couple of them could be. Most of them, unfortunately for them, have had to had at least their company compensation disclosed in public documents, so for them it is fairly easy. All of them live in >$3M houses and have jobs consistent with >$2M annual compensation (hedge fund, VC and C-suite).
I guess using similar logic from someone living in Beverly Hills, an average Prius owner in 2010 made millions per year!:giggle: This would be based on all the celebrities living there buying a Prius to show how green they are.

If you cherry pick your data, you can get any result you want.
 

bj33813

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I just finished a Porsche after sale questionaire and one of the questions is your income. Assuming no one lied when filling it out, those figures are correct.
 
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