Annual Income facts
While investigating facts about Annual Income Calculator and Annual Income Meaning, I found out little known, but curios details like:
The average Wal-Mart shopper is a white, 50-year-old female with an annual household income of $53,125
how annual income is calculated?
In Finland the cost of traffic and speed violations is calculated by the offending driver’s annual income and that someone has been fined 200,000 euros for a single speeding offense.
What's annual income mean?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what annual income is considered middle class. Here are 49 of the best facts about Annual Income After Taxes and Annual Income Tax Return I managed to collect.
what's annual income?
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The Netherlands experienced a 'tulip mania' in 1637. Before the bubble collapsed, a single bulb could sell for 10-times the annual income of skilled worker
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Walmart takes in $236,804 annually per employee in the US. The average annual income of a full time Walmart employee is $15,576.
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The Mormon Church donates only about 0.7 percent of its annual income to charity. LDS Church is likely worth $40 billion today and collects up to $8 billion in tithing each year.
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There is an annual income level at which money won't make you any happier and it sits at around $75000.
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Pablo Escobar Lost 10% of his annual income to rats who destroyed the cash
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Due to the effects of global warming, the Caribbean Sea's coral reef is threatened. The reefs provide an annual income of between $3.1 and $4.6 billion to the Caribbean nations through tourism, diving, and fishing.
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The idea that a man should spend a significant fraction of his annual income for an engagement ring originated 'de novo' from De Beers marketing materials in the mid-20th century in an effort to increase the sale of diamonds in the 1930s.
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A mental institution in Lincoln, Illinois fed its incoming patients milk infected with tuberculosis (reasoning that genetically fit individuals would be resistant), resulting in 30-40% annual death rates.
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the average annual income for 50% of Americans is the same as it was 40 years ago (16,000), while in the same span the average annual income for 1% of Americans has risen from 450,000 to 1,300,000
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Children in Kenya can fetch between $2,000 and $3,000, depending on their gender, race and tribe — far more than the $1,246 annual income the average Kenyan earns.
Annual Income data charts
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Why my annual income?
You can easily fact check why does annual income mean by examining the linked well-known sources.
Dwayne Johnson ‘The Rock’ Net Worth is $394 million USD and earns an annual income of $27 million dollars. The net Worth of Dwayne Johnson has seen a hike of 35% over the last few years. He is one of the highest paid actor in the World
Almost half of US households exhaust their salaries - 47% say they spend all of their income, go into debt or dip into savings to meet their annual expenses - source
Tulip mania, a bubble in the price of tulip bulbs in 17th century Netherlands. At its peak a single tulip was selling at about 10 times the annual income of a skilled craftsman. - source
The short-lived Central African Empire spent a third of its annual income on the coronation of its first (and last) emperor
A 2010 publication by Nobel Laureate Angus Deaton found that emotional well-being rises with increases in income, "but there is no further progress beyond an annual income of ~$75,000." - source
When applying for a credit card annual income?
The British government paid slave-owners 40% of the Treasury's annual income or 5% of the British GDP in 1833 (5% of 2019 GDP is £141 billion) under the Slavery Abolition Act.
How to calculate gross annual income?
People who played the lottery with an income of less than $20,000 annually spent an average of $46 per month on lottery tickets.
In 2004 Edward Lampert became the first Wall Street financial manager to earn an annual income of more than $1 billion.
The annual income of the 100 richest people would be enough to end global poverty 4 times over.
Dictator Jean-Bédel Bokassa decided to become a short lived self-proclaimed emperor of Central Africa. Bokassa has spent 1/3 of the nation's annual income on his coronation. He justified creating monarchy because it would help Central Africa to "stand out"
Annual income infographics
Beautiful visual representation of Annual Income numbers and stats to get perspecive of the whole story.
Average House Price vs Average Annual Income in New Zealand: 1925 - 2018
