return2ozma@lemmy.world to News@lemmy.world · 2 days agoAmericans with six-figure incomes are in 'survival mode'www.usatoday.comexternal-linkmessage-square37fedilinkarrow-up1110arrow-down18cross-posted to: nottheonion@lemmy.worldaboringdystopia@lemmy.world
arrow-up1102arrow-down1external-linkAmericans with six-figure incomes are in 'survival mode'www.usatoday.comreturn2ozma@lemmy.world to News@lemmy.world · 2 days agomessage-square37fedilinkcross-posted to: nottheonion@lemmy.worldaboringdystopia@lemmy.world
minus-squareSpaceNoodle@lemmy.worldlinkfedilinkarrow-up19arrow-down1·2 days ago“Six figures” covers far too wide a gamut. It’s easy to see how a family could struggle today on a $100k salary - imagine multiple children and a high-CoL area - but $999k is a far cry from that.
minus-squareZaktor@sopuli.xyzlinkfedilinkEnglisharrow-up12·2 days agoYeah, these numbers don’t really convey much without a family size and location, so they kind of just become engagement bait. In Honolulu, a family of 4 is considered “low-income” (80% of adjusted median income) at $129k. $76k and they can qualify for housing assistance.
“Six figures” covers far too wide a gamut. It’s easy to see how a family could struggle today on a $100k salary - imagine multiple children and a high-CoL area - but $999k is a far cry from that.
Yeah, these numbers don’t really convey much without a family size and location, so they kind of just become engagement bait.
In Honolulu, a family of 4 is considered “low-income” (80% of adjusted median income) at $129k. $76k and they can qualify for housing assistance.