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re: Definition of lower\middle\upper class??
Posted on 2/21/13 at 12:49 pm to VABuckeye
Posted on 2/21/13 at 12:49 pm to VABuckeye
quote:
According to the census bureau those stats for Franklin are whack. The median income there is $77,000..
Median priced home in 37069 is 350k if median income was 77k, we wouldn't have enough residents qualify to buy median price home.
37064 & 37067 trash
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
Posted on 2/21/13 at 6:46 pm to ItNeverRains
quote:
Median priced home in 37069 is 350k if median income was 77k, we wouldn't have enough residents qualify to buy median price home.
![](https://images.tigerdroppings.com/Images/Icons/Iconconfused.gif)
Now with that being said it would be foolish to buy a 350k house on 77k but it is doable and banks probably qualify people every day.
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