Median is a much better measure in my book
50 Honolulu, HI $38,689 +5.1% improved nicley to 36 Honolulu, HI $73,500. Whereas 24 San Diego-Carslbad-San Marcos, CA $42,797 +5.5% dropped from 24 to 45 San Diego, CA $69,400. Every metro's income jumped but not to the degee that Honolulu did. Who would like to explain the differance of a large increase from average to median vs a small increase from average to median?
I wonder why 30 Houston-Sugar Land-Baytown, TX $41,429 +5.7% is not on the second list?
Last edited by bnk; Aug 10, 2007 at 11:36 PM.
|