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Households with earners in their 20's and early 30's don't tend to have a lot of children of university age. One would want to use the median income of househol
by jknoepfler 2y ago
Households with earners in their 20's and early 30's don't tend to have a lot of children of university age. One would want to use the median income of households with university-aged children.
(Median income by age rises sharply from 20->40, then flatlines... the median age of a mother is around 27?)
- DebtDeflation 2y agoI'd also think you'd want to adjust by geography based on COL. A two earner family earning $200K in SF or NYC is different than one earning that in suburban Arkansas.