Income Percentile Formula:
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The income percentile by city and country compares an individual's income to others in the same geographic area. It shows what percentage of people in that location earn less than the entered income.
The calculator uses location-specific income distribution data:
Where:
Explanation: The calculation references comprehensive income distribution databases that are regularly updated with regional economic data.
Details: Knowing your income percentile helps understand economic standing relative to peers, assess cost of living adjustments, and make informed career or relocation decisions.
Tips: Enter your pre-tax annual income in local currency, your city, and country. Use the most current income data for accurate results.
Q1: How often is the income data updated?
A: The underlying database is typically updated annually using government statistics and economic surveys.
Q2: Does this account for cost of living differences?
A: Percentiles reflect actual income distributions but don't directly adjust for purchasing power variations.
Q3: What income should I include?
A: Include all pre-tax income (salary, bonuses, business income) but exclude one-time windfalls.
Q4: How accurate are the results for small cities?
A: For very small locations, data may be estimated from regional averages or nearby cities.
Q5: Can I compare across different countries?
A: Percentiles are location-specific. For international comparisons, consider purchasing power parity adjustments.