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And yet, the majority of people in those cities make less than that amount. Like Charlotte the median HOUSEHOLD income is $82K. Median wage is ~$53k. As someone
by hattmall 3mo ago
And yet, the majority of people in those cities make less than that amount. Like Charlotte the median HOUSEHOLD income is $82K. Median wage is ~$53k. As someone making below the median, I don't understand how people are making so much more money and not feeling rich. We have house, boat, golf carts, kids in private school, decent cars, take multiple vacations. We didn't even get lucky and buy cheap housing with low interest, our interest rate is 7.5%. We certainly aren't stacking lots of savings and sometimes have to juggle bills, but we have a lot going on and aren't even making the median right now. But once you drop much below our level, if you don't own anything you actually get a lot of assistance.
- thedrexster 3mo ago>> house, boat, golf carts, kids in private school, decent cars, take multiple vacations PNW dweller here, ^^^ this feels _insane_. average private school tuition for a single child is above $25k, nevermind kids pural! :O
- api 3mo agoMidwest here. It is insane. Private school isn’t much cheaper here. I’d have to see the numbers or I call BS.
- MeetingsBrowser 3mo agoI make roughly triple the median income in my MCOL area. I own a modest 3b2b house. My mortgage plus daycare for two kids alone costs $78k/year (~$6.5k/month)
- deleted 3mo ago[deleted]