- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
$100,000 per year is now Lower Middle Class?
Posted on 3/6/22 at 8:38 am
Posted on 3/6/22 at 8:38 am
Never thought I would see the day.
This post was edited on 3/6/22 at 8:45 am
26
Posted on 3/6/22 at 8:39 am to Ezzard
No it isn’t. As a single that puts you close or in upper middle class
This post was edited on 3/6/22 at 8:41 am
Posted on 3/6/22 at 8:41 am to xxTIMMYxx
quote:Yes, it is.
No it isn’t
A 2000 sq ft home is now $1500-2500 per month.
Gas $5.00 per gallon
Food prices off the damn charts.
Posted on 3/6/22 at 8:41 am to Ezzard
In a major city or west coast maybe
But not in the majority of the US…..
But give this inflation and the administration sone time and you may be right….
But not in the majority of the US…..
But give this inflation and the administration sone time and you may be right….
Posted on 3/6/22 at 8:42 am to Ezzard
There is a big difference between 100K in Manhattan and 100K in New Iberia.
Posted on 3/6/22 at 8:42 am to Ezzard
It's not
BUT
When living in a decent suburb with half-decent schools means homes start in the high 400s, you can make the case.
Some of that is optional - when I was a kid we may go to the beach for spring break, we might stay here. It seems now every suburban family goes to the beach/Disney/Bahamas. Birthday parties are extravagant. Dudes making 60k buy 15k engagement rings on credit. Our culture is causing a lot of this.
And our culture is creating the environment where a decent home is 400/500k and you can't get a contractor because everyone is putting in a 120k pool. But there is a swath that has nothing to do with it and is suddenly staring at the reality that 400k can't get you a home in a a decent public school district in some places.
BUT
When living in a decent suburb with half-decent schools means homes start in the high 400s, you can make the case.
Some of that is optional - when I was a kid we may go to the beach for spring break, we might stay here. It seems now every suburban family goes to the beach/Disney/Bahamas. Birthday parties are extravagant. Dudes making 60k buy 15k engagement rings on credit. Our culture is causing a lot of this.
And our culture is creating the environment where a decent home is 400/500k and you can't get a contractor because everyone is putting in a 120k pool. But there is a swath that has nothing to do with it and is suddenly staring at the reality that 400k can't get you a home in a a decent public school district in some places.
Posted on 3/6/22 at 8:44 am to tigeraddict
quote:You can barely afford to live on $100,000 in some major cities east and west coat. 100K is barely above the poverty line.
In a major city or west coast maybe
Name somewhere that 100K is still upper middle class. Somewhere you would actually want to live.
Posted on 3/6/22 at 8:47 am to Ezzard
Depends on the area. 100,000 dollars is still a decent amount of money in many rural areas in the South. In my town it is still possible to rent a house for $500 a month.
Posted on 3/6/22 at 8:47 am to Ezzard
quote:
Somewhere you would actually want to live.
Some of us have different standards. Country living is still relatively cheap and no pressure to keep up with the neighbors.
Posted on 3/6/22 at 8:48 am to Ezzard
I live in the NE in an expensive area. Getting a house starts later, but you can live comfortable on 100k. I’m classified as upper making a little over 120. The bar for people (big house, nice neighborhood) has just moved so much. People don’t actually need the massive houses they are buying.
Posted on 3/6/22 at 8:49 am to Pettifogger
I’m remodeling our master bathroom right now. Labor is $16,000 and materials are slightly over $20,000. Things are incredibly expensive.
We decided to go ahead and do it because our home is now worth a fortune so what the hell. They go up 15-20 thousand dollars a month right now. There’s no end in sight.
We decided to go ahead and do it because our home is now worth a fortune so what the hell. They go up 15-20 thousand dollars a month right now. There’s no end in sight.
Posted on 3/6/22 at 8:49 am to Ezzard
prices have gone up dramatically. that doesn't mean everyone's salary has gone above 100K. It's still relative to what everyone else is making, and the national family average is around $70K I believe, which puts $100K well above average.
Posted on 3/6/22 at 8:50 am to tigeraddict
quote:
In a major city or west coast maybe But not in the majority of the US….. But give this inflation and the administration sone time and you may be right….
Nah try moving to Nashville, Charlotte, Denver, Dallas, Austin or Tampa on 100k.
100k is nothing. You’re lower middle class. Try sending kids to daycare, paying a mortgage or buying a car in any of these cities on 100k and get back to me.
Posted on 3/6/22 at 8:53 am to Ezzard
In CA, if you make under $115K you qualify for gubment assistance.
Posted on 3/6/22 at 8:58 am to Junky
quote:Country living is fine unless you actually have to work in the city.
Some of us have different standards. Country living is still relatively cheap and no pressure to keep up with the neighbors.
Then there is that crazy gas thing...
Posted on 3/6/22 at 9:00 am to DeltaHog
quote:Exactly! A friend of mine just had to buy in Old Hickory just to be able to afford to live in the Nashville area.
Nah try moving to Nashville, Charlotte, Denver, Dallas, Austin or Tampa on 100k.
100k is nothing. You’re lower middle class. Try sending kids to daycare, paying a mortgage or buying a car in any of these cities on 100k and get back to me.
Posted on 3/6/22 at 9:01 am to Ezzard
Ignorant people are consumed with the amount you make....the real number is discretionary income: the amount in your checking account at months end.
The DEMS cry "wages are up, things are great" while you can't afford to eat and drive your car.
Screw this adminsitation and Blacks should take note....The DEMS have NOT improved the race, ever.
The DEMS cry "wages are up, things are great" while you can't afford to eat and drive your car.
Screw this adminsitation and Blacks should take note....The DEMS have NOT improved the race, ever.
Posted on 3/6/22 at 9:05 am to Ezzard
quote:
Exactly! A friend of mine just had to buy in Old Hickory just to be able to afford to live in the Nashville area.
Even old hickory is expensive now.
Large metros with high paying jobs are incredibly expensive to live and raise a family and it’s only getting worse. A three bedroom 1,112 square ft home shouldn’t be selling for 550k.
Posted on 3/6/22 at 9:07 am to Ezzard
Less than 6% of individuals in the US make 100k or more.
By your standard, 94% of the population lives in poverty.
By your standard, 94% of the population lives in poverty.
Posted on 3/6/22 at 9:09 am to Ezzard
quote:
Country living is fine unless you actually have to work in the city.
Then there is that crazy gas thing...
In the south especially, we just do not have many semi-rural areas that don't have crime/trashiness problems and have decent schools, enough sophistication to foster professionals living/working there, etc.
You see more of that in the NE where you do have some quaint small towns with good governance and education (very lefty, often) because of proximity to larger areas, train service, etc.
Page 1 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News