Have you wondered how your income compares with that of your neighbors? This is the classic case of keeping up with the Joneses. Curiosity definitely gets the best of people -- wanting to assess how one is doing compared to others, especially those in their own neighborhood.
I recently came across an article from Slate that focuses on income inequality. It is interesting reading in itself, but what really caught my eye was a box that asks you to enter you zip code and income. It then comes up with data for the average income for your zipcode, and the median income for your state.
I snagged that box which uses Java Script code, and posted it below. I will note that the data for state median income comes from the U.S. Census Bureau. The comparison data by zip code comes from a website called IncomeTaxList. Personally, I would take the comparison information with a grain of salt. We live near the edge of a zip code where literally crossing a street into the next zip code would result in a difference of over $25,000 in income. What do readers think of this tool, and the data that it presents? Post your comments here.
Some additional reading:
Annual Income and Net Worth
Annual Income Survey
How much do you make?
3 weeks ago