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re: Is a family of 4 that earns 97k/year middle class or upper class, on average?
Posted on 3/26/17 at 10:33 pm to Paul Allen
Posted on 3/26/17 at 10:33 pm to Paul Allen
That was yesterday. You're cool now.
2
Posted on 3/26/17 at 10:33 pm to moneyg
Not even close to upper middle..wtf...
Posted on 3/26/17 at 10:34 pm to HailHailtoMichigan!
middle to lower-middle in most of the country,
poor as frick in certain places.
poor as frick in certain places.
Posted on 3/26/17 at 10:35 pm to AUsteriskPride
quote:
Alabama/Louisiana = upper middle class. California? Lower middle class.
$97K?
Deep south/midwest exurbs = middle class.
Coasts/major city anywhere = po.
I'm single and I make more than that and I don't even have stripper money anymore in DC.
Posted on 3/26/17 at 10:35 pm to HailHailtoMichigan!
They're poor.
Posted on 3/26/17 at 10:35 pm to StringedInstruments
quote:
Further, in any respectable city, even the suburbs, $250,000 is about the minimum you'd pay to get into a good school system, which is something the middle class values.
You've been in LA too long bro.
Posted on 3/26/17 at 10:35 pm to HailHailtoMichigan!
In my area (Seattle) it's middle class but probably on the low end.
Posted on 3/26/17 at 10:36 pm to HailHailtoMichigan!
Middle. I have an extra member of the family and make a chunk north of that number. Between cars, house, college, savings, sports, school, etc........it's nowhere near enough to be considered upper class. There isn't exactly much money left to frick around with.
This post was edited on 3/26/17 at 10:37 pm
Posted on 3/26/17 at 10:36 pm to HailHailtoMichigan!
If you're making some asinine thing of average living than no they are solid middle class.
I'm currently out here in Seattle and I'd be poor as shite making 55k by myself.
I'm currently out here in Seattle and I'd be poor as shite making 55k by myself.
This post was edited on 3/26/17 at 10:38 pm
Posted on 3/26/17 at 10:37 pm to StringedInstruments
quote:
Then they aren't upper class. What's your point?
I didn't know upper middle class meant you had to have a $225,000 home.
I guess we view it differently.
Posted on 3/26/17 at 10:37 pm to AUsteriskPride
It's not hard for a male or female family memeber to make $100k a year with all these industrial jobs like welder, plant operator, pipe fabrication etc. in Louisiana. All it takes is a few years of trade school. I'm not sure if there is as much industrial jobs like this in Alabama.
Posted on 3/26/17 at 10:37 pm to Navytiger74
quote:
I'm single and I make more than that
Did you make O-4?
Posted on 3/26/17 at 10:37 pm to Balloon Huffer
quote:
poor as frick in certain places.
I know a couple who does well in the bay area on 100k. It's not poor anywhere
Posted on 3/26/17 at 10:38 pm to StringedInstruments
quote:
Not upper class anywhere but extreme rural areas.
$97k/year = ~$5600/month after taxes.
Mortgage to live in a good school system ~1500/month
Car insurance ~250/month
Utilities ~250/month
Food for four ~1000/month
Gas for cars ~150/month
Phones for four ~150/month
Internet ~75/month
Necessities (clothes, haircuts, etc) ~100/month
TV/Entertainment ~$100/month
Reading this is a signal that people are mistaking working class for middle or upper class.
If you're middle or upper there are expenses that would be part of the list. The most obvious
Dry cleaning 600-800 per month
Entertaining - 500 - 5000 per month - it would depend
Staff - depends but house and maintenance- 2k -10k per month
Philanthropy- a major expense depending what social circle you want to be in
Holidays
This post was edited on 3/26/17 at 10:42 pm
Posted on 3/26/17 at 10:38 pm to ellishughtiger
I never said it was hard, but when compared to the median household income, it is upper middle class in Alabama, and most of the Southeast.
Posted on 3/26/17 at 10:39 pm to Ace Midnight
quote:Yeah. I won't pin on until summer, but briefly save the congrats.
Did you make O-4?
I submitted my resignation early last month. I'd been weighing it since last spring. ETA: My community manager isn't happy that I didn't submit a letter to the board asking to be withdrawn form consideration last May.
This post was edited on 3/26/17 at 10:41 pm
Posted on 3/26/17 at 10:40 pm to Navytiger74
Sf. middle. If one or two kids are in private school, lower middle.
Kansas. Upper middle.
Kansas. Upper middle.
Posted on 3/26/17 at 10:41 pm to CelticDog
Nope..
Posted on 3/26/17 at 10:42 pm to mahdragonz
quote:Now wait a minute.
Staff - depends but house and maintenance- 2k -10k per month
Posted on 3/26/17 at 10:43 pm to RogerTheShrubber
well we are talking about a family of 4, is the couple you are referring to sans child?
if they live in a average house - $600,000 --- they are struggling on 100k a year.
im great with everything, but math and finance is my shite.
If you know a family of 4 living in the bay area, (in an actual house - not grifters in a box), with kids, making just 100k --- and claiming to have any standard of living............
ill be some type of impressed.
if they live in a average house - $600,000 --- they are struggling on 100k a year.
im great with everything, but math and finance is my shite.
If you know a family of 4 living in the bay area, (in an actual house - not grifters in a box), with kids, making just 100k --- and claiming to have any standard of living............
ill be some type of impressed.
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