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A median household income refers to the income level earned by a given household where half of the homes in the area earn more and half earn less. It's used instead of the average or mean household income because it can give a more accurate picture of an area's actual economic status.
What is REAL MEDIAN HOUSEHOLD INCOME? Data that divides households into two parts with one-half earning more than the median income and the other half earning less. This refers to the combination of more than one income earner in one household. How Much Of My Social Security Benefit May Be Taxed.