The Salary You Need to be Considered Middle Class in Every State

[Ezekiel 25:17]

There is no middle class. If you’re not rich, you’re poor.

I hate when ya'll say things like this. Do people fall on bad luck? Sure. But let's not pretend people don't make bad financial decisions.

Also poor would imply homeless, living on the streets in a tent. You'd have a better argument if you said broke.

 

[Blown Moon]

I think I'm considered regular middle class in Washington. I'm 35k above low end but 92k below upper end.


This just doesn't seem right.

 

[-DMP-]

100k ain’t shyt.

 

[Ezekiel 25:17]

Did you forget about taxes, retirement, savings, other debt…your take home ain’t $15k

The initial poster said $300k

The second post said $180k take home. That's $15k/month that you can do with what you want.

Am I missing something?

 

[Ozymandeas]

The initial poster said $300k

The second post said $180k take home. That's $15k/month that you can do with what you want.

Am I missing something?

Word. If someone can't survive off $15K a month, IDK what to tell them

 

[fifth column]

That New York number is cap, middle class in NYC is like 400K

 

[No1]

I think that’s why the ranges are so great. 60k-180k, etc to be considered middle class. In some areas 60-70k is middle class and in other areas you need over 100k to live a comfortable middle class life.

The ranges present more as lower middle class to upper middle class than as a range for the bare minimum to be middle class in any one area.

 

[No1]

They're choosing to then.

Even if you only take home $180,000 of that, it's still $15,000/Month.

That means you can spend $10,000 and still save $5,000.

If your budget is $10,000 a month, you can afford to live in pretty much any decent neighborhood in the world.

Aight look, I’ll play this game. For a married couple making 300k in SF after taxes, assuming you maximize your 401k - your monthly take home is 13782 or so.

Now factor in the cost of a middle class home in a decent school district - 1.66 million. You are now at the point of paying 8700 a month on your mortgage including property taxes.

Now factor in childcare expenses and any other debt you may have like student loans. You operating off a few grand a month in disposable income.

You cannot actually afford to live in a decent SF neighborhood while also planning for your child’s future and vacations. That is what people love further away from those metros when they start raising a kid and take the longer commute. It’s also why taking away remote work or hybrid models is fukked up and doesn’t take into account the costs your workforce incurs. You can live farther away if you have to be in the office a couple times a week, 5 days a week is a different ball game.

This is the point @dora_da_destroyer is making. This is also the case for Manhattan and popular Brooklyn neighborhoods.

 

[B86]

There is no middle class. If you’re not rich, you’re poor.

Na, breh. There is definitely a middle class. It sounds good to say there isnt, but there is for sure.

 

[⠀X ⠀]

Na, breh. There is definitely a middle class. It sounds good to say there isnt, but there is for sure.

What do you consider a middle class salary for 2 people and 3 kids, in a high cost of living city?

 

[B86]

What do you consider a middle class salary for 2 people and 3 kids, in a high cost of living city?

I would never live a high cost of living city when it's cheaper to move slightly outside the city, but just in general, a family of 5 does quite well on $100k per year. Bi-weekly, semi-annual, and annual budgets would allow that family to own a home, have multiple vehicles, food, utilities, etc while still affording "wants", with money left over to invest...the child tax credit alone for 3 kids can cover the yearly vehicle expenses or grocery expenses or depending on the situation even the mortgage/rent for half of the year.

 

[darealvelle]

A lot of people in georgia dont even make the requirement for low middle class.

 

[feelosofer]

I might even argue 250k is more accurate for the high end of middle class in NJ. The costs to live there are skyrocketing. Most of the Black families are migrating back south and even to the Midwest.

 

[O.T.I.S.]

Guess I’m high end middle class for now

Solo tho





With the way Coli be talking, aren’t we all 6 cert 6 series

 

[⠀X ⠀]

I would never live a high cost of living city when it's cheaper to move slightly outside the city, but just in general, a family of 5 does quite well on $100k per year. Bi-weekly, semi-annual, and annual budgets would allow that family to own a home, have multiple vehicles, food, utilities, etc while still affording "wants", with money left over to invest...the child tax credit alone for 3 kids can cover the yearly vehicle expenses or grocery expenses or depending on the situation even the mortgage/rent for half of the year.

You’d have to double that salary, where I live.

And even then, you’re an illness away from a life of struggle.