3 ms·
>In coastal cities, a two income household making 250k each is not absurd I guess you would have to define the threshold of “absurd,” but It’s a pretty big dev
by claudeganon 7y ago
>In coastal cities, a two income household making 250k each is not absurd
I guess you would have to define the threshold of “absurd,” but It’s a pretty big deviation from the median in Los Angeles and New York, where the median incomes are between 60-65K. In SF, you’re talking two people both making more than double the median (about 110K)
Considering things like the cost of things like housing in these places, the inequality seems massive anyway you slice it.
https://www.census.gov/quickfacts/fact/table/losangelescountycalifornia/INC110217 https://www.census.gov/quickfacts/fact/table/losangelescount...
https://www.baruch.cuny.edu/nycdata/income-taxes/med_hhold_income.htm https://www.baruch.cuny.edu/nycdata/income-taxes/med_hhold_i...
https://fred.stlouisfed.org/series/MHICA06075A052NCEN https://fred.stlouisfed.org/series/MHICA06075A052NCEN
- umeshunni 7y ago> the median incomes are between 60-65K The median income, for a college graduate, nationally is >$90K. A lot of the median income stats are meaningless once you consider only the educated slices of the workforce. source: https://en.wikipedia.org/wiki/Household_income_in_the_United_States#/media/File:U.S._Income_and_Net_Worth_Distribution.png https://en.wikipedia.org/wiki/Household_income_in_the_United...
- claudeganon 7y agoClose to 2/3 of Americans over 25 don’t have college degrees, so how is that meaningless? The educated slices of the workforce aren’t the majority and we’re talking about income inequality generally.
- MR4D 7y agoInteresting. Seems like education inequality given the (implied) causation.
- cannonedhamster 7y agoYeah just get rid of all those people not making money and the stats all align with your preconceived notion. Brilliant!