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Forum
-> Household Management
-> Finances
staten islander
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 Thu, Jul 16 2009, 6:47 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.
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Mrs Bissli
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Fri, Jul 17 2009, 4:01 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...
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Mirabelle
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Fri, Jul 17 2009, 4:03 am
Oy Tuition!
It makes my blood pressure go up just thinking about it!
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JollyMommy
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Mon, Jul 20 2009, 2:08 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.
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Ruchel
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Mon, Jul 20 2009, 2:13 pm
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Middle class also includes elements like personal possessions/ownings, and also a certain level of education.
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