Word: median
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...industry to meet the suddenly increased demand for single-family houses. Another major impediment to faster growth: the price of new and existing homes has been rising faster than the average family's ability to pay for them. Just between January and June of this year, the median price for a new one-family house went from $41,600 to $46,200, and the interest rate on mortgages is still hovering around 9%. Notes Doyle Stuckey, vice president of the Greater Houston Builders Association: "If we could get under 9%, it would bring a lot of people into...
...members of the Class of '51, including a number of governmental officials and corporate executives, have an average income of $97,200, according to the Class of '51 official report. The 79.5 per cent who are presently full-time lawyers have a median income of $80,000, and almost one-third of the class has incomes of over...
...have the higher incomes and reduce the income [tax] on the lower-income and middle-income taxpayers." Quite innocently, A.P. had dropped the words "and middle-income" from Carter's statement. When Carter was asked by A.P. what he meant by "higher incomes," he loosely cited the mean or median level of income, and anything above that would be higher and anything below would be lower." Ford has repeatedly pounced on that to insist that Carter means to increase taxes on anyone making more than $14,000?even though Carter specifically had excluded "middle-income taxpayers" from such increases. Still...
Sixty-three survey respondents in the class are now consultants of one kind or another at a median salary of $24,000 a year. They represent the largest block of respondents going into a single industry...
...median is an increase of $1400 over last year's figure, although it may have been introduced as a result of the variations in graduates responding each year...