2 ms·
I think it strongly depends on cost of living where you are, mortgage size, etc. The article mentions that the $75,000 is per household, and "About one-third o
by magicalist 14y ago
I think it strongly depends on cost of living where you are, mortgage size, etc.
The article mentions that the $75,000 is per household, and "About one-third of U.S. households had incomes above $75,000, according to the U.S. Census Bureau's American Community Survey. The average household income was $71,500."
That number varies quite a bit based on location within the US, but it's good to be reminded that one person's "barely enough to make ends meet" salary is something that 2/3 of US households don't reach.
(I vaguely remember that after that article made the rounds originally, someone posted a link here to an article that adjusted the $75,000 based on cost of living in a long list of different cities to see what number would (theoretically) better apply to you)