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re: $100,000 per year is now Lower Middle Class?
Posted on 3/6/22 at 1:53 pm to Pettifogger
Posted on 3/6/22 at 1:53 pm to Pettifogger
quote:the engagement/bach party/wedding/marriage culture of people around my age is insane
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.
i make way more money than most people my age (mid late 20s, in the south) and i don't see how some of my former classmates can afford half the shite they do
0
Posted on 3/6/22 at 1:58 pm to Ezzard
quote:
Name somewhere that 100K is still upper middle class. Somewhere you would actually want to live.
Idaho or Montana
Posted on 3/6/22 at 2:00 pm to Pettifogger
quote:
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.
Hmmm. What could be the demographic differences between these areas?
Posted on 3/6/22 at 2:13 pm to Zach
quote:
There is a big difference between 100K in Manhattan and 100K in New Iberia.
Haircuts.
Posted on 3/6/22 at 2:23 pm to LRB1967
quote:
What rural towns have 6 figure job openings? Asking for a friend.
If the rural area consists of heavy row crop farming like mine there are crop consultant, chemical sales and equipment sales folks that make over that. I can put a name(s) with each one of those. Also I know some private timber company land management guys that make more than that. When the mobile home manufacturing industry was booming in south GA, some of the sales guys were making WAY over 100k and that was decades ago. Got a cuz who made over that selling cars last year in a town with 5,000 people tops.
There are plenty.
Posted on 3/6/22 at 2:33 pm to Zach
$100,000 makes you the Emperor of New Iberia.
Posted on 3/6/22 at 2:38 pm to Ezzard
When people think 8' ceilings and 1400 sq ft are absolutely intolerable for a family of 4, yea 100k isn't all that much.
Its at least half culture driven. My house is something like 1500 sq ft and I have the smallest and least decked out house by a wide margin in my group of friends. My wife simply cannot comprehend how I plan to raise a family of at least 4 in here.
I grew up in a 1250 sq ft house with 4 people, 1 bathroom and 8' cellings and it was just fine. These days, that's viewed as some hard core poor people shite by many.
While inflation and fixed cost of living is certainly out of control, peoples standards of living are totally out of control as well.
Its at least half culture driven. My house is something like 1500 sq ft and I have the smallest and least decked out house by a wide margin in my group of friends. My wife simply cannot comprehend how I plan to raise a family of at least 4 in here.
I grew up in a 1250 sq ft house with 4 people, 1 bathroom and 8' cellings and it was just fine. These days, that's viewed as some hard core poor people shite by many.
While inflation and fixed cost of living is certainly out of control, peoples standards of living are totally out of control as well.
Posted on 3/6/22 at 2:46 pm to DownshiftAndFloorIt
A big problem is it’s pretty difficult to find smaller, more modest homes these days.
They’re either ghetto or in the city and expensive as shite. Everything being built is gaudy
They’re either ghetto or in the city and expensive as shite. Everything being built is gaudy
Posted on 3/6/22 at 2:49 pm to Ezzard
I make 90k a year in the middle of nowhere south Texas and have a 2200 sq ft home, just re-financed and was paying $1,830 a month and now it’s $1,380. My wife is a stay at home mom because with costs of daycare, etc. it makes no sense for her to work. I have 4 acres of land and the property taxes just went up again. With my family size and my income we are considered lower middle class. Right now this is just the tip of the iceberg with the inflation. What you are going to see in the next 12-18 months will be large lay offs to right size companies to compensate for everything costing more. You will see a labor market even more strained then it already is. This will cause incredibly lower supplies and on top of that the cost of inflation. It’s going to get really bad.
Posted on 3/6/22 at 2:54 pm to Ezzard
quote:
Name somewhere that 100K is still upper middle class. Somewhere you would actually want to live.
Dude what fricking planet are you living on…..
Posted on 3/6/22 at 2:57 pm to Quesadilla Superman
quote:
I’m 38, and currently engaged. I make a pretty damn good living. Y’all wouldn’t believe what I pay in taxes though. Some of y’all do. It’s sickening. It’s gotten better since I’ve bought a couple larger pieces of property and created an LLC for “Tree Farm”. That eased my tax burden some and get $ back each year but I’m paying nearly 40% taxes
I'm almost your age and probably in the same boat (but married)
Always assumed having kids would get us a big break - not really. It's really frustrating to be lumped in with billionaires and people with generational wealth.
Posted on 3/6/22 at 2:59 pm to LSUwag
Property taxes.
Posted on 3/6/22 at 3:08 pm to lsut2005
quote:it’s really not that crazy, especially when you consider how few areas that actually “allow” most people to make that much
Dude what fricking planet are you living on…..
Posted on 3/6/22 at 3:10 pm to Ezzard
I make over 100k and told the wife to get a job. My house payment is only 1,500 and we drive one car. It’s still not enough to raise kids. It takes 200k to have breathing room.
Posted on 3/6/22 at 3:17 pm to bisonduck
The good news is my job is completely remote and I can move anywhere now. I think we will see some migration to more rural areas. I would like to get out of the city go somewhere more remote.
Posted on 3/6/22 at 3:18 pm to OSqueal
quote:
Name somewhere that 100K is still upper middle class. Somewhere you would actually want to live.
quote:
Where I live is a perfect example.
quote:checks out
OSqueal
Location: Where ever the beer is
Posted on 3/6/22 at 4:11 pm to xxTIMMYxx
quote:
No it isn’t. As a single that puts you close or in upper middle class
Yes, it is.
I make over $100k and my wife makes $80k. We are definitely not upper middle class.
Posted on 3/6/22 at 4:31 pm to cyarrr
quote:
Less than 6% of individuals in the US make 100k or more. By your standard, 94% of the population lives in poverty.
Now do this with government hand outs. If you make from $70-100k a year you’re not living much better than the welfare queen not going to work outside the many days of labor to spit out kids.
Posted on 3/6/22 at 4:46 pm to Smokeyone
quote:My bad. Wrong person. I couldn't remember their screen name here. Now I remembered it.
No idea what that is
Posted on 3/6/22 at 5:26 pm to BigPerm30
quote:
Now do this with government hand outs. If you make from $70-100k a year you’re not living much better than the welfare queen not going to work outside the many days of labor to spit out kids.
While I hate the welfare types, this is just not remotely true.
Some of y’all need a reality check. If you make over $100k household you are middle to upper middle class in the vast majority of the country. Whoever says you’re near poverty is fricking insane or trolling.
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