What is your city's median household income? (home, neighborhood)

[cityboi757]

Originally Posted by malachai23

For reals. Actually, with all the foreclosures right now, you can find a lot of nice houses for even less than that!!

That sounds kindof cool.

I wonder why that is.. It's not like Dayton is some small town.

Good house in good neighborhood downn here is costing you at least $360-375

[malachai23]

Originally Posted by cityboi757

That sounds kindof cool.

I wonder why that is.. It's not like Dayton is some small town.

Good house in good neighborhood downn here is costing you at least $360-375

Well, it has a lot to do with the fact that it is in the Midwest (cheaper in general than the "coasts"), and not a major metro area, and also because there aren't that many jobs left here right now. Hopefully that will change soon!! But in the meantime, it's a great place to be (and be a home owner) for someone like myself who has a good job! The cost of living here is about as good as it gets The prices of the houses in your city sound like the prices of houses in Portland, where I lived before I moved here. I don't miss the high cost of living one bit!!

[cityboi757]

Yeah.. It's okay. I don't really mind it.

For example..MY house is only about 2500sq.feet and is worth $450,000

[Jays1983]

Are you going to compare incomes with an area's cost of living to get an estimate of a household's true puchasing parity? Otherwise a household's income is meaningless.

[kcee510]

Union City, Ca and Fremont,Ca (Bay Area)


Population 73,000

Median income is $87,891.

Population 211,000

Median income is $93,342

[TheWereRabbit]

According to C-D it is $116,141

[jayp1188]

Chicago, IL
Population: 2,853,114
Median Household Income: $42,724

For my specific neighborhood within the city of Chicago:
Lincoln Park, Chicago, IL
Population: 64,320
Median Household Income: $131,700

[forest beekeeper]

Originally Posted by cityboi757

Woah, that's rough

Not really.

Low income areas tend to have lower taxes, and a lower cost-of-living.

I see homes here that start at $40k [2bdrm on a couple acres]; and folks can support their families working for minimum wage.



As a military retiree I moved to a 'depressed area' because my small pension looks a lot like everyone else' salary.

How many areas are there where your property taxes are under $50/year?

[forest beekeeper]

Originally Posted by cityboi757

Yeah.. It's okay. I don't really mind it.

For example..MY house is only about 2500sq.feet and is worth $450,000

Yeah, our 4bdrm 2400 sq ft house built in 2005 is assessed at $80k.

We have not been effected by the current crash. It has been this way for decades.

[HappyDaysCopenhagenSkoal]

I've been pimpin my ex-girlfriend's cat out to the other cats in the neighborhood... been earnin a little extra income that way