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re: Here is what almost 500k gets you in Nola
Posted on 4/21/19 at 2:38 pm to notiger1997
Posted on 4/21/19 at 2:38 pm to notiger1997
quote:85k is right in the middle of the middle class
That seems like a very low figure.
Being middle class and living in Orleans parish would be a big struggle with housing costs and lack of good schools
Posted on 4/21/19 at 2:38 pm to Rza32
quote:
Same as Ascension parish
Ascension isn't anywhere close to as expensive as Nola
You can buy a Mcmansion in AP for 350k
Posted on 4/21/19 at 2:41 pm to fightin tigers
quote:
Im sure you will destroy my numbers because they are a bit conservative, but there are plenty of middle class families doing it here so from your side it will be like arguing the moon doesn't exist.
I'm not trying to argue with you. Just saying that couple probably doesn't live in Nola due financial constraints and the schools.
Hell that's even happened in BR in the past 30 years. It's mostly become poor and upper middle class/rich. That family lives in Denham Springs now.
Posted on 4/21/19 at 2:42 pm to Pandy Fackler
quote:
Well then consider yourself schooled. If you live in Orleans parish then you live in one of the few
I don’t need you to tell me about the social classes in a city I lived in for years, but I’m glad you read a few articles on the subject matter and know better
This post was edited on 4/21/19 at 2:44 pm
Posted on 4/21/19 at 2:45 pm to fallguy_1978
I agree completely. They go wherever they can most comfortably live above their means.
Someone mentioned the McMansions in AP. Full of people living in a big arse house driving an hour each way, and praying to God the schools stay good and white.
Someone mentioned the McMansions in AP. Full of people living in a big arse house driving an hour each way, and praying to God the schools stay good and white.
Posted on 4/21/19 at 2:49 pm to fightin tigers
quote:
Someone mentioned the McMansions in AP. Full of people living in a big arse house driving an hour each way, and praying to God the schools stay good and white.
I don't blame them. Dutchtown is one of the best schools in the state. The commute is the price that you pay.
We only have one kid in school but if we had more we'd probably live in AP or somewhere like that. My kid's tuition is 12k per year and about another 2-3k for aftercare.
Posted on 4/21/19 at 2:50 pm to fallguy_1978
Go to the Rouses on Carrollton in Mid City. Its the definition of middle class.
Posted on 4/21/19 at 2:52 pm to fightin tigers
quote:
24k in housing. Means a 300k house, easily.
Taxes and insurance can easily cost you half of that depending on where you live
Posted on 4/21/19 at 2:54 pm to fallguy_1978
I wouldn't blame you. Like I said, AP governement allows to live a better life beyond their means. Funding schools better than they do infrastructure.
Not completely the parishes fault. The residents are too ignorant to realize how they are killing the long term viability. Also don't realize that they could do a lot to prevent the recent trashy developments moving in as well as improve their situation.
Most can't afford a tax increase though. Unless it is for the children.
Not completely the parishes fault. The residents are too ignorant to realize how they are killing the long term viability. Also don't realize that they could do a lot to prevent the recent trashy developments moving in as well as improve their situation.
Most can't afford a tax increase though. Unless it is for the children.
Posted on 4/21/19 at 2:57 pm to fightin tigers
quote:
I wouldn't blame you. Like I said, AP governement allows to live a better life beyond their means. Funding schools better than they do infrastructure.
There are other options too. It really depends on where you work. Central, Zachary and LP all have good public schools. That's where BR has lost a lot of middle class to.
I'd imagine Nola is similar. I haven't lived there in almost 20 years though.
This post was edited on 4/21/19 at 3:00 pm
Posted on 4/21/19 at 3:05 pm to fightin tigers
This isn't unique to Nola though. The middle class in the Houston metro don't live in the city. They live 30 miles outside of it in Katy or some other burb.
Posted on 4/21/19 at 3:13 pm to fallguy_1978
quote:
This isn't unique to Nola though. The middle class in the Houston metro don't live in the city. They live 30 miles outside of it in Katy or some other burb.
I would say the burbs are more homogeneous with middle and upper middle. With a healthy dose of extremely poor. And yes, holds true in most areas.
The statement that started this was that NOLA has no middle class. Which is absurd.
Part of urban life that is great is you aren't looking at people who are exactly like you. Different experiences and different interactions.
This post was edited on 4/21/19 at 3:15 pm
Posted on 4/21/19 at 3:28 pm to fightin tigers
Nola has a middle class, just not a big one relative to the poor.
Posted on 4/21/19 at 3:40 pm to biglego
Wow now that I look, houses in Metairie by Bucktown are selling 200 per square ft. Thats insane, the worst houses are 300k.
Posted on 4/21/19 at 3:54 pm to fightin tigers
quote:
Assuming you are insinuating that the private school is the crusher. So, you have to give me the benefit of the doubt and assume one made it into one of the magnet programs. Although getting in is pretty easily done.
So 85k means you are bringing home roughly 55-58 (i think).
10k for tuition (assuming your not going to get any breaks)
We are down to 48k.
24k in housing. Means a 300k house, easily.
Down to 24k.
5k a year in auto. 1k additional in gas and maintenance.
Down to 18k.
600/month in groceries.
Down to 10k for discretionary.
Im sure you will destroy my numbers because they are a bit conservative, but there are plenty of middle class families doing it here so from your side it will be like arguing the moon doesn't exist.
No married filing jointly couple is paying that much in taxes.
Posted on 4/21/19 at 4:01 pm to ScaryClown
quote:People figured out you could live in Lakeview without dealing with Orleans Parish bullshite. What's odd is Lakeview prices are still insanely high.
Wow now that I look, houses in Metairie by Bucktown are selling 200 per square ft. Thats insane, the worst houses are 300k.
Posted on 4/21/19 at 4:20 pm to brewhan davey
Great part of town. You can put another $250k in it and sell for $800+ or live in it of course. I would eat Domalisies (sp) every day.
Posted on 4/21/19 at 4:22 pm to yaboidarrell
quote:
People figured out you could live in Lakeview without dealing with Orleans Parish bullshite.
Lakeview is Orleans Parish Darrell
Posted on 4/21/19 at 4:24 pm to GWfool
quote:
No married filing jointly couple is paying that much in taxes.
Figured worse case and took out for healthcare.
Posted on 4/21/19 at 4:26 pm to ellishughtiger
quote:
Great part of town. You can put another $250k in it and sell for $800+ or live in it of course. I would eat Domalisies (sp) every day.
Was almost my exact estimate. Really wanted to be all in at 500k, but the sellers are understandably staying high. Going to be a flipper come in with a lot of cash.
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