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When financial articles talk about how much people make, which income figures do they use?

January 29th, 2013 Leave a comment Go to comments

Are they talking about: a) stated salary; b) gross income before taxes; c) Federal "Adjusted Gross Income; or what?

It really depends on the context of articles. However, when discussing personal finance generally it is referring to gross income. There are plenty of people who reads Forbes and Fortune magazines in the high income bracket with little earned income (salary).

Best wishes.

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  1. hottotrot1_usa
    January 30th, 2013 at 03:45 | #1
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    They are talking about stated salary. The reporters don’t know how much people make from investments and savings and such.
    References :

  2. JQT
    January 30th, 2013 at 04:26 | #2
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    It really depends on the context of articles. However, when discussing personal finance generally it is referring to gross income. There are plenty of people who reads Forbes and Fortune magazines in the high income bracket with little earned income (salary).

    Best wishes.
    References :

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