Median Formula: The median is the middle of a group of numbers. It is a simple way to represent a lot of data with just one number. To find it, you put the numbers in order and pick the middle one.

The median is the middle number in a sorted ascending or descending list. It can be more descriptive of the dataset than the average. It’s quite different from the mean.

According to data from the U.S. Bureau of Labor Statistics 1, in the 45 to 54 age group, the male median annual wage of $72,228 is significantly higher than the female median annual wage of $57,096.

Overall, the new data reveals that the median age of the US population rose from 35.2 in 2000 and 37.2 in 2010 to 38.8 in 2020. ... and that group had a median age of only 19.9.