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Wytwwww | 1 year ago
Utah on the other hand (surprisingly or not) has the highest first quintile mean (yeah.. slightly apples and oranges but gives an advantage to Utah) in the US, yet it's still only around 25% of the state median.
So if compare Utah to the national average and use: https://en.wikipedia.org/wiki/Disposable_household_and_per_c... to compare it with Sweden
it's 62.30 * 1.28 (Utah vs US median in 2022) * 0.25 = $19.936
Sweden:
43.9 * 0.49 = $21.51, so a 1st decile Swede has higher PPP + social transfers adjusted income that the first quintile mean in Utah.
If course it's rather convoluted since I'm too lazy to find directly comparable data. Disregards (uses US PPP + social transfers instead of just Utah's etc.).
However I think it's broadly accurate(ish), considering that Utah has higher than average median income and the highest first quintile income all other states would do even worse.
Of course Eastern European states are poorer but Sweden is closer to the EU average than Utah is to the US average (and Sweden's GINI is around average in Europe while Utah's is the lowest in the US).
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