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The average is skewed everywhere by the high earners. In Germany if you remove all the millionaires, bankers, executives, industrialists and real estate magnates, you're left with a bunch of underpaid workers (blue and white collar) who will be serfs for life.

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I figure this is the case, but with admittedly no stats in front of me I have a suspicion that the skew is worse in the US due a larger population and higher ceiling of the upper class.

Regardless, my skew is apparently more off the mark than I recalled as another poster pointed out.

I have found a source directly comparing US to German middle incomes incase you're interested. Figure 7 of this publication [1] seems to be relevant to this discussion and shows that the median net worth in all groups in Germany is lower. However it compares USD to EUR. Some of the other graphs in the publication showing wealth distribution may also be interesting.

[1] https://www.diw.de/documents/publikationen/73/diw_01.c.53312...

EDIT: The publication isn't the newest, being from 2016.

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