Thursday, July 16, 2015

How Rich Are You in Global Terms?

Pew Research Center has a calculator that can put your income in a global perspective.

For a four person household if you live on:

less than $2,920 per year, you are poor (15% of the world's population)

$2,920 and $14,600 per year, you are low income (56%)

$14,600 to $29,200 per year, you are middle income (13%)

$29,200 and $73,000 per year, you are upper-middle income (9%)

$73,000 and up per year, you are high income (7%)

Here's what it works out to comparing U.S. incomes:

1.6% of people in the U.S. are poor

3.4% of people in the U.S. are low income

7.4% of people in the U.S. are middle income

31.9% of people in the U.S. are upper-middle income

55.7% of people in the U.S. are high income

From everyone who has been given much, much will be demanded; and from the one who has been entrusted with much, much more will be asked. 
(Luke 12:48b)


OregonGuy said...

It pays to travel.

You can see it in Frankfurt, you can see it in Budapest. You can see it in Moscow, you can see it in Milan.

Our poor are the richest poor in the world. Yet they remain willing to ask for more.

MAX Redline said...

What OG said. Our "poor" manage to have cell phones and cable television, and the only hovels that they live in are the ones they've personally converted from decent housing into trash-heaps. Poverty is illustrated in an image I posted a few days ago, which showed life on the outskirts of Manila.

T. D. said...

OG and Max, one of my young friends was just mentioning that at his work (a meat packaging plant), he tends to be unhappy, but he looks at the Mexicans working there, and they all seem happy. He's a wise young man and realizes that his expectations often cause him to be unhappy when he should be rejoicing in the opportunities and level of living he has. His immigrant (illegal and legal) co-workers on the contrary are happy to have such a good job even if it is hard work and pays minimum wage.