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submitted 1 month ago by return2ozma@lemmy.world to c/news@lemmy.world
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[-] Maggoty@lemmy.world 11 points 1 month ago

Median household is apparently 80k now. 30 percent of that monthly is 2,000.

In my city 2,000 will rent you an infested place with water damage from the flood a year ago. But if the city comes around you have to pretend not to live there or else they'll kick you out.

[-] DancingBear@midwest.social 2 points 1 month ago

Don’t forget that household income is everyone in the house. So if you are all poor college kids with part time jobs making 15-20k a year your household income will still be close to or at the median, even though each of you are individually really poor

[-] Maggoty@lemmy.world 1 points 1 month ago

That's not nearly the normal though. Dual income households are the norm by far.

[-] DancingBear@midwest.social 2 points 1 month ago

Sure but any part time jobs the kids have also count towards median household income I assume

[-] Maggoty@lemmy.world 0 points 1 month ago

That's like a 2 year period in an 18 year living situation.

[-] DancingBear@midwest.social 2 points 1 month ago

Kids live at home a lot longer now 😂 way more than two years haha

[-] Maggoty@lemmy.world 3 points 1 month ago* (last edited 1 month ago)

You'd need census data to back that up.

Edit to add, you'd need to see which definition the government is using because household has a census definition and an IRS definition.

this post was submitted on 06 Oct 2024
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