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View Poll Results: $40,000 is the National Average - my income is:
About Average 2 4.35%
Much Less ($20,000 and down) 2 4.35%
Much More ($80,000 and up) 13 28.26%
More than $40,000 21 45.65%
Less than $40,000 8 17.39%
Voters: 46. You may not vote on this poll

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  #31  
Old 04-10-2008, 10:02 PM
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DanielR DanielR is offline
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Re: Average Annual Wage

My net income is between 40,000 and 60,000 depending on how hard I want to work in a given year. It's a shame that I have so much business expenses or it would be conciderably more.
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  #32  
Old 04-10-2008, 11:48 PM
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Michael The Disciple Michael The Disciple is offline
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Re: Average Annual Wage

About 24k per year. My wife does not work. Trailer is paid for. We have more than just the food and raiment Yeshua promised so we count ourselves blessed.
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  #33  
Old 04-11-2008, 04:51 AM
OP_Carl OP_Carl is offline
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Re: Average Annual Wage

Do your stats for the national average incorporate all those teens and college-age kids that are technically earning money, but are doing so part time and still living at home?

How about all the part-timers at Wal*Mart?
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  #34  
Old 04-11-2008, 07:51 AM
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Re: Average Annual Wage

Quote:
Originally Posted by OP_Carl View Post
Do your stats for the national average incorporate all those teens and college-age kids that are technically earning money, but are doing so part time and still living at home?

How about all the part-timers at Wal*Mart?
I think it was fulltime only. I am sure there are some walmart workers still living with parents in the mix, but also actors and professional sports figures - So that would help balance the numbers
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  #35  
Old 04-11-2008, 11:13 AM
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Re: Average Annual Wage

Quote:
Originally Posted by SOUNWORTHY View Post
Apparently you don't live on the West coast!!
nope.... it says east suburb of Indy...

Actually the suburb I live in has a higher cost of housing than the city of Indianapolis. My house wouldn't be worth maybe half of what it is if it were sitting in downtown Indy instead of downtown suburb.

My mortgage is 440 and that includes loan, taxes and insurance. I couldn't rent a home or apartment here with the sq footage that I have for under $800a month.

My utilities run about $100 for electric/water/sewer Gas heating is another story... but we get it done.

Car payment is $229 because the interest is low... my insurance is low on that car...

I have 3 cell phones, home phone, DSL, cable television... pretty average bills for a household of 4... I still manage to feed us all and we go out to eat at least... the very minimum of twice a week... I rarely cook on the weekend.

I guess Midwest living is pretty good huh? I wouldn't live in California unless you paid me to.
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  #36  
Old 04-11-2008, 11:28 AM
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Re: Average Annual Wage

Quote:
Originally Posted by ForeverBlessed View Post
nope.... it says east suburb of Indy...

Actually the suburb I live in has a higher cost of housing than the city of Indianapolis. My house wouldn't be worth maybe half of what it is if it were sitting in downtown Indy instead of downtown suburb.

My mortgage is 440 and that includes loan, taxes and insurance. I couldn't rent a home or apartment here with the sq footage that I have for under $800a month.

My utilities run about $100 for electric/water/sewer Gas heating is another story... but we get it done.

Car payment is $229 because the interest is low... my insurance is low on that car...

I have 3 cell phones, home phone, DSL, cable television... pretty average bills for a household of 4... I still manage to feed us all and we go out to eat at least... the very minimum of twice a week... I rarely cook on the weekend.

I guess Midwest living is pretty good huh? I wouldn't live in California unless you paid me to.
Gas is killing us here in Cali! Average right now is between 3.53 (ARCO) -3.79 (Chevron) for REGULAR.
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  #37  
Old 04-11-2008, 11:34 AM
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MissBrattified MissBrattified is offline
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Re: Average Annual Wage

Oh, well...I just answered according to what Jeff makes--I stay at home.

He makes well above average, but he has two jobs--his fulltime, salaried position, and then his web business on the side. The two of them together keep us well-maintained. When he was out of a job, the web business brought in enough to sustain us, but not as comfortably as we'd like.

Now that he has a full time job again, it allows us to pay bills, and put money in savings, buy [big item] things we need, buy extras, redo the house, etc.
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  #38  
Old 04-11-2008, 11:39 AM
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MissBrattified MissBrattified is offline
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Re: Average Annual Wage

Quote:
Originally Posted by ForeverBlessed View Post
nope.... it says east suburb of Indy...

Actually the suburb I live in has a higher cost of housing than the city of Indianapolis. My house wouldn't be worth maybe half of what it is if it were sitting in downtown Indy instead of downtown suburb.

My mortgage is 440 and that includes loan, taxes and insurance. I couldn't rent a home or apartment here with the sq footage that I have for under $800a month.

My utilities run about $100 for electric/water/sewer Gas heating is another story... but we get it done.

Car payment is $229 because the interest is low... my insurance is low on that car...

I have 3 cell phones, home phone, DSL, cable television... pretty average bills for a household of 4... I still manage to feed us all and we go out to eat at least... the very minimum of twice a week... I rarely cook on the weekend.

I guess Midwest living is pretty good huh? I wouldn't live in California unless you paid me to.
Goodness, FB, I don't know how you do it. Jeff and I lived on pennies when we were first married, but with kids in the house--they're like a money funnel. I do everything I can to be frugal. I shop consignment, we don't eat out very much, etc.

One thing is...we don't use any credit cards. So when we do buy something, we pay cash rather than using credit to pay it off. I think that sometimes presents the illusion that we aren't as "well off" as we are, because we accumulate things a little more slowly than those who just pile it all on a credit card and bring it home. In the long run, of course, it works out better.
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--David Livingstone


"To see no being, not God’s or any, but you also go thither,
To see no possession but you may possess it—enjoying all without labor or purchase—
abstracting the feast, yet not abstracting one particle of it;…."

--Walt Whitman, Leaves of Grass, Song of the Open Road
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  #39  
Old 04-11-2008, 11:43 AM
John Atkinson John Atkinson is offline
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Re: Average Annual Wage

Average is kinda relative as 40k will go a lot further in TN than it will in CT. And in turn 40k would barely rent a decent apt in Manhattan.
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  #40  
Old 04-11-2008, 11:47 AM
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Michael Phelps Michael Phelps is offline
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Location: Omaha, Nebraska
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Re: Average Annual Wage

Quote:
Originally Posted by ForeverBlessed View Post
nope.... it says east suburb of Indy...

Actually the suburb I live in has a higher cost of housing than the city of Indianapolis. My house wouldn't be worth maybe half of what it is if it were sitting in downtown Indy instead of downtown suburb.

My mortgage is 440 and that includes loan, taxes and insurance. I couldn't rent a home or apartment here with the sq footage that I have for under $800a month.

My utilities run about $100 for electric/water/sewer Gas heating is another story... but we get it done.

Car payment is $229 because the interest is low... my insurance is low on that car...

I have 3 cell phones, home phone, DSL, cable television... pretty average bills for a household of 4... I still manage to feed us all and we go out to eat at least... the very minimum of twice a week... I rarely cook on the weekend.

I guess Midwest living is pretty good huh? I wouldn't live in California unless you paid me to.
One of the pleasant surprises I found in Omaha is that that housing prices are around 12% below the national average. I bought a new home here for much less than I could have purchased the same home in Michigan.

However, the caveat is the taxes are much higher.

Reason being, there are 1.7 million people in Nebraska, and between Omaha and Lincoln, there are nearly 1.1 million of them, lol.

So, the two cities are pretty much carrying the taxes for the entire state.
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