Mitt Doesn’t Realize That The Median Income Is Actually Less Than Rafalca’s Yearly Tax Break

Things you learn from Mitt Romney:

GEORGE STEPHANOPOULOS: Is $100,000 middle income?

MITT ROMNEY: No, middle income is $200,000 to $250,000 and less.

What a funny out of touch rich man:

Regionally, in 2010, the Northeast reached a median household income of $53,283, the West, $53,142, the South, $45,492, and the Midwest, $48,445.[47]

Another common measurement of personal income is the mean household income. Unlike the median household income, which divides all households in two halves, the mean income is the average income earned by American households. In the case of mean income, the income of all households is divided by the number of all households.[50] The mean income is usually more affected by the relatively unequal distribution of income which tilts towards the top. As a result, the mean tends to be higher than the median income, with the top earning households boosting it. Overall, the mean household income in the United States, according to the US Census Bureau 2004 Economic Survey, was $60,528

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