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Old 07-18-2007, 10:33 AM
 
Location: Right here.
28 posts, read 60,331 times
Reputation: 16
Quote:
Originally Posted by _yb View Post
When we were looking for our current home our realtor had just got done working a deal to sell 7 listings to an investor from CA. This was about 3 years ago. Lots of folks moving here from CA and the east coast. Really driving the cost up.
Not sure what the median income is but 40k seems really low.
I will guess that the median income for two earners if both have a HS diploma or less is about right at 40k. Often much higher if more education I believe.
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Old 07-19-2007, 01:21 AM
 
Location: El Paso, TX
79 posts, read 206,893 times
Reputation: 72
Default A look into what actual people are making around here...

I know reading statistics always surprises me because I never seem to be one of them, or know anyone that meets the numbers either.
I can tell you of six people that I kow their financial status located in various parts of Albuquerque, Rio Rancho, and East Mountains.
Couple # 1 lives on the southwest area of Albuquerque, and she makes just under $20,000/year, and he makes about $15,000 a year. They are not married and they file their taxes seperately, so technically their incomes are viewed as seperate and do not combine for a median household income. Both graduated from high school, but have no other formal education. They have two teens.
Couple # 2 lives in the East Mountain area and she is a stay-at-home Mom and he works making $85,000/year. He has a college degree and works for the military as a contracted civillian. They have two children in elementary school.
Couple # 3 live in Albuquerque near Rio Rancho. She makes just under $70,000 a year and has a college degree in her career set. He makes just under $40,000 and never even graduated from High School. The have one teen.
Couple # 4 live in Southern Rio Rancho. She makes $120,000 a year with multiple degrees and is a transplant from Florida. He makes just under $70,000 a year with a community college certificate in the filed he is now employed. They have two teens.
Couple # 5 live in Northern Rio Rancho. She makes about $30,000 a year and has a high school diploma. He makes $40,000 and also only has a high school diploma, but is also going to the community college for a degree hoping to make more money. They have three kids; two teens and a toddler.
Couple # 6 live on the East side of Albuquerque. She has a college degree in the medical field, but has been unemployed for the last 8 months. He has a college degree working with computers and makes about $42,000 a year. They have three teens.
I know this about each person because I do their taxes every year and they are my closest friends, so the info here is very current.
Just a look into what actual people are making around here...

Last edited by onelilredrose; 07-19-2007 at 01:25 AM.. Reason: adding family size
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Old 07-19-2007, 06:06 AM
 
Location: New York
371 posts, read 1,259,930 times
Reputation: 240
Quote:
Originally Posted by onelilredrose View Post
I know reading statistics always surprises me because I never seem to be one of them, or know anyone that meets the numbers either.
I can tell you of six people that I kow their financial status located in various parts of Albuquerque, Rio Rancho, and East Mountains.
Couple # 1 lives on the southwest area of Albuquerque, and she makes just under $20,000/year, and he makes about $15,000 a year. They are not married and they file their taxes seperately, so technically their incomes are viewed as seperate and do not combine for a median household income. Both graduated from high school, but have no other formal education. They have two teens.
Couple # 2 lives in the East Mountain area and she is a stay-at-home Mom and he works making $85,000/year. He has a college degree and works for the military as a contracted civillian. They have two children in elementary school.
Couple # 3 live in Albuquerque near Rio Rancho. She makes just under $70,000 a year and has a college degree in her career set. He makes just under $40,000 and never even graduated from High School. The have one teen.
Couple # 4 live in Southern Rio Rancho. She makes $120,000 a year with multiple degrees and is a transplant from Florida. He makes just under $70,000 a year with a community college certificate in the filed he is now employed. They have two teens.
Couple # 5 live in Northern Rio Rancho. She makes about $30,000 a year and has a high school diploma. He makes $40,000 and also only has a high school diploma, but is also going to the community college for a degree hoping to make more money. They have three kids; two teens and a toddler.
Couple # 6 live on the East side of Albuquerque. She has a college degree in the medical field, but has been unemployed for the last 8 months. He has a college degree working with computers and makes about $42,000 a year. They have three teens.
I know this about each person because I do their taxes every year and they are my closest friends, so the info here is very current.
Just a look into what actual people are making around here...

Thanks for that interesting scenerio and it seems to prove what we have assumed. It takes 2 incomes to make it in this town. Out of all those examples only one Mom stays home and her husband has a Government job, which Rotorhead has told me is the only sector that pays really well. My husband has accepted a job and will make $21,000 less than he did in Illinois and we will be looking at houses that cost $50,000 more than our house in Illinois. Hopefully, we'll make it for at least 6 months because he is promised a review and a raise than. We really want to continue with husband working and myself raising our son.
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