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Old 07-06-2016, 12:39 PM
 
148 posts, read 176,933 times
Reputation: 150

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Quote:
Originally Posted by Domitian View Post
wow. people truly have skewed perspectives - I blame political rhetoric about the "evil rich"

anyway, according to an interactive NYTimes tools from 2012 (http://www.nytimes.com/interactive/2...-map.html?_r=0) the top 1% in atlanta earned above $407k

5% = $202k
10% = $150k
25% = $96k
50% = $55.9k
This should end this ridiculousness, and those figures are HOUSEHOLD. The original post's numbers apply to basically Manhattan, SF, So Cal, maybe even a few zip codes in ATL, for the rest of the country, ridiculous.
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Old 07-06-2016, 12:53 PM
 
994 posts, read 1,108,328 times
Reputation: 1225
What matters more is probably how much debt and revolving financial obligations one has. Someone who makes $50K with zero debt, an inheritance in the background and passive income in addition to that base salary, is doing better than an overextended person making $100K.
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Old 07-06-2016, 12:56 PM
 
Location: Mableton, GA USA (NW Atlanta suburb, 4 miles OTP)
11,319 posts, read 21,889,791 times
Reputation: 3848
Quote:
Originally Posted by hautemomma View Post
What matters more is probably how much debt and revolving financial obligations one has. Someone who makes $50K with zero debt, an inheritance in the background and passive income in addition to that base salary, is doing better than an overextended person making $100K.
No kidding. The more time passes, the more I realize I should have simply declared bankruptcy rather than try to keep up with the bills when I was unemployed. My life now would be a lot easier.
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Old 07-06-2016, 01:00 PM
 
994 posts, read 1,108,328 times
Reputation: 1225
Quote:
Originally Posted by rcsteiner View Post
No kidding. The more time passes, the more I realize I should have simply declared bankruptcy rather than try to keep up with the bills when I was unemployed. My life now would be a lot easier.
Gosh, well, I don't know about that. It is tough because some things can only best be learned by experience. And as long as you can apply the wisdom you've gained in the process, you can come out ahead (one day). Just like people advocate blindly for the dual-career, two-income household, then later realize how much is consumed in taxes and the pure financial and emotional costs of the second income.
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Old 07-06-2016, 01:09 PM
 
Location: Atlanta
6,458 posts, read 7,253,707 times
Reputation: 4205
Quote:
Originally Posted by aries4118 View Post
What is this?!? Are you promoting average-ness???


A more accurate list:

PERSONAL INCOMES
Very Low Salary: Under 85k
Low Salary: $85k-119k
Decent Salary: $120k-399k
Good Salary: $400K-699k
Great Salary: $700k-1.999m
Amazing Salary: 2m and higher

Family income (pretty much 3.25 times that for 2 parents and 1 child, add 125k/year for each child)
IKR!

You can't buy into a good public school district with less than $500k annual salary.

I might actually have to send my children to Harvard and not Yale -gasp-.
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Old 07-06-2016, 10:38 PM
 
104 posts, read 57,368 times
Reputation: 140
I can't resist: how much (minimum) realistically for the Chrisley Knows Best way of life?
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Old 07-07-2016, 12:32 AM
 
84 posts, read 66,404 times
Reputation: 81
Damn, educators are for sure screwed in Atlanta!
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Old 07-07-2016, 08:40 AM
 
533 posts, read 1,522,109 times
Reputation: 200
Pretty much everyone is screwed then. The average doctor, dentist, lawyer, and other white collar jobs make around 150-200K and if that is only considered a decent salary, than basically only specialists, CEO's and Athletes are making a good to amazing salary.

Last edited by ecuresident; 07-07-2016 at 08:41 AM.. Reason: add
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Old 07-07-2016, 11:53 AM
 
4,240 posts, read 2,816,756 times
Reputation: 2758
According to the op, a "very low" salary for a single person is Atlanta, is lower than 60% of entire households (and about 85% of individuals) nationwide pull in yearly. Yeah, this is a real thread.

Thank god I have that $60m bonus coming in next month...I don't know what I would do without it.
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Old 07-07-2016, 01:15 PM
 
Location: Lindbergh, Atlanta
697 posts, read 319,237 times
Reputation: 790
Quote:
Originally Posted by stellastar2345 View Post
PERSONAL INCOMES
Very Low Salary: Under 70k
Low Salary: $71k-99k
Decent Salary: $100k-249k
Good Salary: $250K-399K
Great Salary: 400k-999k
Amazing Salary: 1m and higher

Family income (pretty much double that for 2 parents and 1 child, add 50k/year for each child)


Nonsense. All of it.
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