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Median

The middle value of a dataset when sorted in order -- half the values fall below it, half above.

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In Plain English

Line up every value from smallest to largest; the median is the one sitting right in the middle, or the average of the two middle values for an even-sized dataset. Unlike the mean, a few extreme outliers barely move it -- exactly why home prices and incomes are usually reported as medians, not means.

Definition

For a sample sorted in ascending order, the median is the middle value if is odd, , or the average of the two middle values if is even, . It is the 50th percentile of the data.

Formula

Notation

The k-th smallest value (order statistic) in the sorted data

Properties

  • The median is robust to outliers in a way the mean isn't -- a dataset's most extreme value can change substantially without moving the median at all, as long as it doesn't cross the middle.
  • For symmetric distributions, the median equals the mean; for skewed distributions, the median sits closer to where most of the data is concentrated, while the mean gets pulled toward the tail.
  • The median minimizes the sum of absolute deviations from every point in the dataset -- the L1 analogue of the mean's least-squares (L2) optimality property.

At a Glance

Also calledthe 50th percentile
Robust tooutliers -- barely moves even with extreme values
vs. the meanless affected by skew
Common useincome, home prices, other right-skewed data
Last updated August 8, 2026← Back to the Dictionary