No, half of American households make more than that, and a typical household has 2.5 people.

> No, half of American households make more than that, and a typical household has 2.5 people.

And 2.5 Americans per household will say “they make more than that”

Kids say “my dad is rich” and wives say “we make $70k/month”

Americans also have record levels of debit so a lot of that money is going to pay off credit cards and payday loans.