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That's pre-tax income though. There will be some variation by location and situation, but if we say post-tax is $24k that does not even leave $21k. That is not
by randomdata 9y ago
That's pre-tax income though. There will be some variation by location and situation, but if we say post-tax is $24k that does not even leave $21k.
That is not a lot to live on. And, since we're talking about the median, 50% of the earning population are going to be left with even less than that.
- SamReidHughes 9y agoEven then you're talking a cost for something you'd be devoting most of your free time to doing. You don't have to do it in California.