In a study published in 2022, Pew Research Center defined “middle-income” adults as “adults in 2021 with an annual household income that was two-thirds to double the national median income in 2020, after incomes have been adjusted for household size.”
*****
Which is why I moved out of state when I retired. There's no way I could live on what I make now, even in the Central Valley.
Where did you live in the Central Valley?
ReplyDeleteStanislaus County - Modesto, Ceres, Riverbank City of Action, Oakdale.....
DeleteCool.
DeleteJust imagine how much more is in your bank account today than if you'd lived in California these last seven years. I'll bet if you took the time to do the math your mind would be boggled.
DeleteMy sister-in-law still lives in Ceres, so we get all the horror stories. Her rent has doubled in the 7 years we've been gone and even with both her and her husband working, they keep getting deeper and deeper in debt. One of these days they'll get their shit together and get out of there.
DeleteAdd to that the cost of gasoline and utilities and the expense of services and merchandise that all have the added costs of doing business in California baked in. And then there's the taxes.
DeleteBut the Dems would refer to those extra costs as being 'myths'. Which is why I despise them all the more.
You've been gone 7 years?
DeleteYup, 7 years this April.
DeleteWow Ken, it seems like it was yesterday you were pepper spraying radicals in the streets. Lmao. Even though I’ve read that post many times it still makes me laugh.
DeleteMadMarlin
I was thinking and laughing about that just the other day. That was right after me and Lisa got together, so it's been about 10 years ago.
DeleteKTLA is smoking crack and hopeium, and they know it.
ReplyDeleteTo wit:
Being "middle class" means having a shot at owning a home.
But the median home price in Los Angeles is $965K.
To afford that home, you'd need a household income of at least $250K, and more like $320K, not $165K.
An income of $165K, which they list as "upper middle class" gets you renting a crappy apartment forever, and never owning a home (trailers don't count).
That's not "middle class", that's "working poor".
QED
A couple of years ago, at the lower home prices then, KTLA admitted you needed to make $220K/yr to get the then-average home at "only" $823K.
Either they don't read their own articles from barely 2 years ago, or they're talking out their own asses, and they know it.
And admitting that, unless you're rich (i.e."upper class", well above upper middle class), you'll never own a home in So Cal.
I make 5 times what my father made, and three times what both my parents made their best year working. I couldn't buy a house hereabouts unless I robbed banks or won the Powerball, and I'm far from alone.
And as I'm sure you can attest, once you move away from here, you can never afford to move back. (Which I'm sure you see as a feature, not a bug, for obvious reasons. Not arguing that point.)
Money played a good part in me moving out, but there's no way in hell I'd ever return to California, even for a visit, even if I was filthy rich. I've been living a good life out here and see no reason to return.
DeleteKenny, you're living in God's country. I miss Middle Tennessee, but I'd never move back. Where I grew up is now a bedroom community of Trashville. Hell, I've been gone for 50 Years.
DeleteTomoldguy
Even Portland is becoming a bedroom community to Nashville. Thank God we don't have a freeway within 40 miles of here or we would be too.
DeleteI moved out of California because of the political climate, crowds everywhere illegal aliens, crime everywhere.....
ReplyDeleteAll of your reasons weighed in as well.
DeleteIt got to the point that the only thing I loved about California was the Sierras. The Cons beat the Pros all to hell.
I lived in my hometown of Hesperia, MI, for half of the 62 years of my life, moving to my place here in Muskegon, MI for the last half of my life, so far. As the city that I live in becomes worse as far as crime and bad behavior from the darker side of humanity, it gets harder to force myself to stay here, instead of moving back to my small town life of yesteryear.
ReplyDeleteOf course, that small town now has it's problems with meth and other drugs including murders that go unsolved with no bodies to be found, etc. It seems like you can't get away from much of the BS that has invaded most of the nation. Looking at the way the leftists have paved the way for the criminal element to remain on the streets, it should come as no surprise that crime has soared and the criminals have continued to flourish.
And just think, Pretty-Pretty Gavin wants to bring all this nationwide.
ReplyDeleteYou Americans are darned lucky because there is so much variation between states and that enables you to move to somewhere that better suits. My country has no variation to that degree - you live in a city, suburbs or rural but that same basic issues of taxes and ferals remain as the country is unified politically / legally and run by idiots. There is no escape.
ReplyDelete