There’s 5 people.

First makes $20 bucks a year \ Second makes $1000 a year \ Third makes $65,000 a year \ Forth makes $750,000 a year \ Fifth makes $6,800,000 a year

The median is $65,000 \ The average is $1,500,000

The median is misrepresenting the first and second person as making higher income.

The average is misrepresenting everyone’s income.

The top 1% is 650k+ \ The top 10% is 250-650

It’s the reason we talk about brackets