6% Of Black Americans Make $100K or More
- Thread starter Stick Up Kid
- Start date
Yeah I don't get it... I'm an air traffic controller so it's not crazy at all if you're in a solid career path.I’m a pharmacist
It’s rare but I don’t get why people on here make it seem like a website with a bunch of young professionals on it aren’t making 6figs. That’s why we give yall our perspective on it
Nothing you said is inaccurate, just incomplete. Tech field is unstable, but if you have a resume that looks like mine or better, you pick and choose your salary at a new position
beenz
Rap Guerilla
75K is actually pretty high.People don’t realize $60,000 is the middle class. Most people in America make about $75,000 a year.
according to google AI:
In 2023, the median annual wage for all U.S. workers was $48,060, according to the Bureau of Labor Statistics, which means Americans in around half the states earned less than that benchmark, while workers in the other half earned more.
I mean y’all already know what I think
shyt don’t hit until ~150k imo.
Thats the new “100k”
Agreed.
The jump from 50k to 100k is basically "I can live in a nicer place, drive a nicer car, travel, spend more on hobbies and clothes."
The jump from 100k to 150k is moreso, "I'm going to buy that investment property I was looking at last month and lease it."
Soylent Greenz
All Star
What?!?!
The average rent for a 1 bedroom apartment is about 1900 dollars a month.
Before they will rent you an apartment,they require that you make 40x the rent per year.
So let's say that's 76k a year off rip they want you to be making,and then let's talk about actually LIVING in the city.
Food is expensive,car insurance is sky high,if you actually care about your appearance,let's add on gym membership,if you have kids and or a spouse,let's add that on to it.
Tolls to cross the various bridges,etc.
Vacations you make take several times a year.
Unless you are government subsidized,or are living a meager existence where you are not experiencing life the way a person is supposed to be,100k in nyc ain't shyt.
Coli Club 6s
6 certs
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6 figures
6%
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Insensitive
Superstar
Like I said, I thought I was big ballin' until I started runnin up against the dudes with AMGs and multiple Porsches.
I still think I do well compared to the vast majority of people but an LA baller (like a real baller) is
status.
Check out the BX, Queens, and even some (non gentrified) parts of BK. People making sub 60k or even less. We call them the WORKING POOR.
Not every breh or brehette is the token black person at a cushy corporate job.
IIVI
Superstar
I mean, when people who are doing the hiring for jobs that pay like this don't want to even hire Americans, that simply further complicates things.
Insensitive
Superstar
I still think it's very possible to begin investing in real estate under $150k.
It took me several years of diligent saving and a big jump ($62k to $110-$120k)
to get my first one.
I think if I maintain my current savings rate and eliminate my debt that even if I don't get another
big bump in pay, I'll still be able to slowly and steadily increase my portfolio.
Tres Leches
Empire Business
Soylent Greenz
All Star
I am in all these areas damn near on a daily basis,again,if you are making 60k or under out here,you are subsidized in some way shape or form,whether you live in NYCHA,rent stabilized,section 8,recieve child support,etc.
Also you threw out a set of numbers and I asked where you got them from,and I also wanted to know the percentage of blacks making over 100k living in either nyc or L.A.,random numbers are hearsay.
And I don't know anybody with a corporate job who makes 100k or over,I know bus drivers,train operators,correction officers,sanitation workers and teachers,all regular jobs out here making well over 100k,so let's stop acting like the shyt is a super rarity.
The percentage makes sense. Yes, there are those of us who make over 100k a year, and there are the vast majority of us who do not. Also have to take into consideration, that percentage is based on legal earnings. They do not include the underground economy in it (Drugs, sex, scamming, etc). We who make over 100k are rare.
What we should be taking from this, and I say this especially for our sisters, is that combining your income can push you above the threshold pretty easily. Working together is better than doing it alone (especially with the COL at the moment). So find an upstanding man or woman and build together. You will be better off in the end sharing the load, than you would be trying to go it all alone with a barely middle class wage/salary.
That advice also holds if you are already making 6 figures, because having a spouse can up your reputation in companies, helping your employment and promotion prospects. GMB is something fun to bandy about, but in truth a good spouse is worth their weight in gold.
What we should be taking from this, and I say this especially for our sisters, is that combining your income can push you above the threshold pretty easily. Working together is better than doing it alone (especially with the COL at the moment). So find an upstanding man or woman and build together. You will be better off in the end sharing the load, than you would be trying to go it all alone with a barely middle class wage/salary.
That advice also holds if you are already making 6 figures, because having a spouse can up your reputation in companies, helping your employment and promotion prospects. GMB is something fun to bandy about, but in truth a good spouse is worth their weight in gold.
Explain