Home
Log in / Sign Up
    Private Messages   Advanced Search   Rules   New User Guide   FAQ   Advertise   Contact Us  
Forum -> Household Management -> Finances
Middle class- what is it



Post new topic   Reply to topic View latest: 24h 48h 72h

staten islander




 
 
    
 

Post Thu, Jul 16 2009, 9:47 pm
http://www.nypost.com/seven/07.....6.htm

See the link to the article above. Middle class in NYC is 104K per family of four. What do you think MC is ? Are you there? Hope to ever be there?
Even though my hubby, BH,makes a very nice living, cost of living has skyrocketed.It scares me.
Back to top

Mrs Bissli




 
 
    
 

Post Fri, Jul 17 2009, 7:01 am
It doesn't say in the article but is it net take-home income or gross income? I don't know exact tax rates in NYC but I guess it's quite high like upper 30% or 40%. If they meant $104k gross the net is below $70m so I suspect it must be net. To get $104k net, gross salary must be $160k. (I hope I'm getting calculations right?) What kind of jobs pay that generously--after all not everyone is lawyers or bankers?

Not to mention this is before tuition...
Back to top

Mirabelle




 
 
    
 

Post Fri, Jul 17 2009, 7:03 am
Oy Tuition!
It makes my blood pressure go up just thinking about it!
Back to top

JollyMommy




 
 
    
 

Post Mon, Jul 20 2009, 5:08 pm
Mrs Bissli wrote:
What kind of jobs pay that generously--after all not everyone is lawyers or bankers?

Not to mention this is before tuition...


generally jobs don't pay that much- its owning your own business that makes $$$ if successful B"H.
Back to top

Ruchel




 
 
    
 

Post Mon, Jul 20 2009, 5:13 pm
Middle class also includes elements like personal possessions/ownings, and also a certain level of education.
Back to top
Page 1 of 1 Recent Topics




Post new topic   Reply to topic    Forum -> Household Management -> Finances

Related Topics Replies Last Post
Girl's elementary school with smaller class size
by amother
8 Mon, Mar 25 2024, 11:30 pm View last post
When one kid ruins the whole tone of the class
by amother
24 Wed, Mar 20 2024, 11:30 pm View last post
Weekday skirts for middle-aged yeshivish?
by amother
40 Fri, Mar 15 2024, 11:51 am View last post
Looking for a High School teacher to give a class
by amother
2 Wed, Mar 13 2024, 1:49 pm View last post
Cool sneakers for middle aged mom
by amother
16 Tue, Mar 12 2024, 12:37 am View last post