Average Income. . .
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From: Bergen County
I was reading USA Today (Friday 8/24). . . As usual, they had a fact on the front page that I found rather interesting. . .
The average US family earned $63,410 during the previous 12 months. . .
With the following breakdown ($70.8 million families). . .
10.4% make less than $15,000
23.3% make between $15,000-$34,999
16.8% make between $35,000-$49,999
22.0% make between $50,000-$74,999
12.3% make between $75,000-$99,999
9.7% make between $100,000-$149,999
5.5% make %150,000+
I still find it disturbing that 1/3 of all families make less than the price of our cars. . .
I also find it hard to believe that only 15% make over $100K (I figured that would be a larger percentage). . .
Anyone else have any thoughts about this. . .
The average US family earned $63,410 during the previous 12 months. . .
With the following breakdown ($70.8 million families). . .
10.4% make less than $15,000
23.3% make between $15,000-$34,999
16.8% make between $35,000-$49,999
22.0% make between $50,000-$74,999
12.3% make between $75,000-$99,999
9.7% make between $100,000-$149,999
5.5% make %150,000+
I still find it disturbing that 1/3 of all families make less than the price of our cars. . .
I also find it hard to believe that only 15% make over $100K (I figured that would be a larger percentage). . .
Anyone else have any thoughts about this. . .
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From: Phoenix
You have to take these statistics with a huge grain of salt.
The numbers are for households; when I was 18 and living in an apartment during college, my income was $6,000/yr, and I counted as a household. My father died a few years ago; my parents counted as a household together, now my mom counts as a household alone. There is nothing in the statistics that mentions that only husband, wife, and 2.2 kids qualify.
During the 70's, 80's and 90's, the average size of a household decreased by over 30% due to increasing divorce rates, few kids, unmarried children not living at home, etc. The fact that the average number of people in a household decreased caused the average household income to decrease, as well.
This is one way that politicians claim that Americans haven't gotten more affluent over the last 30 years (besides the fact that the CPI overstates inflation by 1-1.5% per year, skewing all monetary statistics down).
The numbers are for households; when I was 18 and living in an apartment during college, my income was $6,000/yr, and I counted as a household. My father died a few years ago; my parents counted as a household together, now my mom counts as a household alone. There is nothing in the statistics that mentions that only husband, wife, and 2.2 kids qualify.
During the 70's, 80's and 90's, the average size of a household decreased by over 30% due to increasing divorce rates, few kids, unmarried children not living at home, etc. The fact that the average number of people in a household decreased caused the average household income to decrease, as well.
This is one way that politicians claim that Americans haven't gotten more affluent over the last 30 years (besides the fact that the CPI overstates inflation by 1-1.5% per year, skewing all monetary statistics down).
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From: HouStook TX
Originally posted by mingster
i have to convince myself first, then i gotta convince the wife...
NOT, i'm not putting nothing up my ass!
i have to convince myself first, then i gotta convince the wife...
NOT, i'm not putting nothing up my ass!
I still like this saying, "You couldn't shove a toothpick up my a$$ with a bulldozer!"