Median Income by State 2024

[newwurldmn]

The problem with California especially the SF bay area is that if you're not a millionaire it is very expensive to live here on a daily basis. The politicians here refuse to build more housing and they refuse to end the crazy regulations & red tape so that building is easier. Its obvious their agenda is to create a wealthy enclave and they want poor fucks to GTFO.

There are 36 "cities" in the bay area with a median house price of $2+ million. I wonder where all the poor service workers are going to live to service these lazy millionaires?

It’s their fault for being poor.

 

[SunTrader]

Guess some might not know that Austin is refer to as the San Fran of Texas.

"No one goes there anymore, its too crowded." - Yogi

More people equals higher wages, higher cost of living.

No place on earth has relatively higher wages with lower cost of living.

 

[VicBee]

Guess some might not know that Austin is refer to as the San Fran of Texas.

"No one goes there anymore, its too crowded." - Yogi

More people equals higher wages, higher cost of living.

No place on earth has relatively higher wages with lower cost of living.

Or you make your high income in high wage country but live in low cost of living country... Lots of Americans live in Central America with their retirement income, for example.

 

[murray t turtle]

Why not? A MCD worker gets $20/hr and that sets the floor for wages.

If min wage in CA pays ~ $40K, not difficult to get the median @ $125K

%%
MAYBE gross , including benefits so the more they try to tax on it, huh ?? Dont know.
Mode example[differs from median and average ].
7 homes, 777k each , keeping it simple LOL ,mode =$777k

 

[SunTrader]

Or you make your high income in high wage country but live in low cost of living country... Lots of Americans live in Central America with their retirement income, for example.

You mean lots of Americans, of average means, go their to stretch their dollars more.

The wealthy go to Monte Carlo, Aruba, Costa Rica and Panama (only as far CA is concerned), etc.

The peans Columbia, Nicaragua, Peru.

 

[ironchef]

%%
MAYBE gross , including benefits so the more they try to tax on it, huh ?? Dont know.
Mode example[differs from median and average ].
7 homes, 777k each , keeping it simple LOL ,mode =$777k

Sir, it is $20/hr + benefits? Perhaps $124K included benefits like vacation & 401K and don't forget for those billionaires like Musk, who is now in Texas, their stock options???

$777K you are the 1% even in CA and you pay 10% marginal CA state tax.

 

[ironchef]

You mean lots of Americans, of average means, go their to stretch their dollars more.

The wealthy go to Monte Carlo, Aruba, Costa Rica and Panama (only as far CA is concerned), etc.

The peans Columbia, Nicaragua, Peru.

And the stupid, like me, stays/stuck in CA.

 

[ironchef]

Thank you for being a true Republican and not a MAGA white christian nationalist.

We sometimes forget, the Republican Party is the Party of Lincoln.

 

[lariatier]

Whenever I see an infographic I just assume it is misleading because most of the time they are.

I think they tried to do some kind of inflation adjustment that doesn't make sense so the data is all skewed pointlessly weird. Some cost of living index per state * median income per state. The higher and lower the cost of living index is the more skewed and nonsensical this infographic is.

It says “adjusted for the cost of living index” - not sure what that means.

There’s no way in hell that the median personal income in CA is $124k per year.

 

[VicBee]

You mean lots of Americans, of average means, go their to stretch their dollars more.

The wealthy go to Monte Carlo, Aruba, Costa Rica and Panama (only as far CA is concerned), etc.

The peans Columbia, Nicaragua, Peru.

Yeah, Costa Rica and Panama are in Central America.
The wealthy can live anywhere and not care about taxes and expenses. I'm talking about middle class up to $5M assets, which should make anyone consider where and how to live. Costa Rica is far more attractive than CA for example.