Earning US$38,000 a year (Ps$500,000) a year in Mexico puts you in the top 1% of the population, according to Hacienda.
INEGI's income and expenditures survey says that in 2012 earning the equivalent of US$3,419 a month put a household in the top 10% of the household income distribution. (The average household was comprised of 3.7 members, 2.5 of whom are between 14 and 65 years old. The dollar figure was calculated using the 2012 average annual exchange rate.)
If earning just over US$3,000 a month makes someone part of the 1%, wonder what number it takes to be included in the top 0.5% or 0.1%?
INEGI's income and expenditures survey says that in 2012 earning the equivalent of US$3,419 a month put a household in the top 10% of the household income distribution. (The average household was comprised of 3.7 members, 2.5 of whom are between 14 and 65 years old. The dollar figure was calculated using the 2012 average annual exchange rate.)
If earning just over US$3,000 a month makes someone part of the 1%, wonder what number it takes to be included in the top 0.5% or 0.1%?
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