[CTartist]

Originally Posted by BobNJ1960

A healthy economy is built from a strong middle class out, not a few 1%ers congratulating themselves over a strong economy.

https://statisticalatlas.com/state/C...usehold-Income

Look at the graph in the upper left hand corner which shows income distribution in CT. 95% of CT households are under $200,000 and 80% are under $150,000.

Look at the 40 percentile to 80 percentile. A large portion of CT or the middle class in making $54,000 to $137,000. Nothing wrong with that.

By the chart above it appears CT has a very strong white collar and professional jobs presence, nothing wrong that.

It's better to have that distribution than a heavy distribution weighted to the bottom and have mostly low wage to minimum wage jobs.

Let's do the flip side of TN just for fun. The 40 to 80 percentile or the middle class $34,000 to $88,000.
https://statisticalatlas.com/state/T...usehold-Income

CT has STRENGTH in it's middle class.

[BobNJ1960]

Originally Posted by CTartist

https://statisticalatlas.com/state/C...usehold-Income

Look at the graph in the upper right hand corner which shows income distribution in CT. 95% of CT households are under $200,000 and 80% are under $150,000.

Look at the 40 percentile to 80 percentile. A large portion of CT or the middle class in making $54,000 to $137,000. Nothing wrong with that.

By the chart above it appears CT has a very strong white collar and professional jobs presence, nothing wrong that.
.

You showed a net loss of Ct 50-100k, which I what I responded to. (post 9761, page 977)

[JayCT]

Originally Posted by BobNJ1960

A healthy economy is built from a strong middle class out, not a few 1%ers congratulating themselves over a strong economy.

Except the middle class is shrinking and $100,000 is still considered middle class these days. Plus the decrease is minimal.

This is a good thing. I wonder what you would be saying if it was the other way around? Jay

[BPt111]

Connecticut gets $1.6 million bonus for food stamp signups | WTNH Connecticut News

[BobNJ1960]

Originally Posted by JayCT

Except the middle class is shrinking and $100,000 is still considered middle class these days. Plus the decrease is minimal.

This is a good thing. I wonder what you would be saying if it was the other way around? Jay

Nothing less than a healthy increase of say 3% annually, should be considered acceptable results.

We can do better. It requires a change in how Ct has been run, both in the legislature and the governor's office.

We should not be accepting of how Ct has been run, nor of the men who have run it so terribly, including Malloy.

[CTartist]

Originally Posted by BobNJ1960

You showed a net loss of Ct 50-100k, which I what I responded to. (post 9761, page 977)

Growth 2010-2015
$15,000-$50,000.................-2.2% (negative growth)
$50,000-$100,000...............-0.2% (negative growth)
$100,000-$200,000..............12.1%
$200,000-$500,000..............33.9%
$500,000-$1,000,000............31.4%
$1,000,000-$5,000,000.........26.3%
$5,000,000 or more..............27.9%

The state does not say where all the migration is going but it does point out that all of the northeast states are losing some population. The negatives in the lower income ranges are very small and I would guess as I stated in previous post it is most likely showing up as the baby boomers are retiring down south in large numbers.

Northerners retiring down south is nothing new. My parents even went to NC for about 5-6 years. What is new is that the baby boomers are most likely skewing the numbers. Like I said I am the last of the baby boomers and I have hundreds of cousins in Fairfeld and New Haven Counties. We can't tie them down so this will continue. And of course when one retires they have a lower income so that is where that is probably coming in.

There is a chart on page 15 that shows the migration patterns. Here is a conclusion.
"The IRS data shows there is more inflow into Connecticut than outflow to New York and New Jersey, but Connecticut loses more returns (households) on net than it gains from Massachusetts and Florida"

If you look at the chart above and then see that most households are going to FL. Wouldn't you surmise those are people retiring especially with the lower incomes. To lose people to MA, well that is the a bordering state. But look what we are gaining on the flip side, we are gaining the wealthy from NY & NJ". That is why our state income is going up.

[BPt111]

Originally Posted by CTartist

Growth 2010-2015
$15,000-$50,000.................-2.2% (negative growth)
$50,000-$100,000...............-0.2% (negative growth)
$100,000-$200,000..............12.1%
$200,000-$500,000..............33.9%
$500,000-$1,000,000............31.4%
$1,000,000-$5,000,000.........26.3%
$5,000,000 or more..............27.9%

The state does not say where all the migration is going but it does point out that all of the northeast states are losing some population. The negatives in the lower income ranges are very small and I would guess as I stated in previous post it is most likely showing up as the baby boomers are retiring down south in large numbers.

Northerners retiring down south is nothing new. My parents even went to NC for about 5-6 years. What is new is that the baby boomers are most likely skewing the numbers. Like I said I am the last of the baby boomers and I have hundreds of cousins in Fairfeld and New Haven Counties. We can't tie them down so this will continue. And of course when one retires they have a lower income so that is where that is probably coming in.

There is a chart on page 15 that shows the migration patterns. Here is a conclusion.
"The IRS data shows there is more inflow into Connecticut than outflow to New York and New Jersey, but Connecticut loses more returns (households) on net than it gains from Massachusetts and Florida"

If you look at the chart above and then see that most households are going to FL. Wouldn't you surmise those are people retiring especially with the lower incomes. To lose people to MA, well that is the a bordering state. But look what we are gaining on the flip side, we are gaining the wealthy from NY & NJ". That is why our state income is going up.

NY and NJ taxes, cost of living, laws are worst than CT they are fleeing their states more moving out of NY state than moving in

[BPt111]

Originally Posted by kinetek

me and my wife are making 115k gross in CT living in a condo and I don't consider myself rich at all, i can hardly believe this is called middle class at all. what I'm trying to say is that numbers are nothing without cost of living, and cost of living in CT plain sucks. i can't even imagine what i would do if I had two kids.

57k each

$9853 montly
$4791 bi-weekly pay
Net pay around $3500 with tax, medical, 401k

You can afford cheaper towns in New Haven area you can't buy home in Westport, North Stamford etc maybe older housing stock Norwalk and Southington, Wolcott could work

[MrGompers]

Originally Posted by CTartist

https://statisticalatlas.com/state/C...usehold-Income

Look at the graph in the upper left hand corner which shows income distribution in CT. 95% of CT households are under $200,000 and 80% are under $150,000.

Look at the 40 percentile to 80 percentile. A large portion of CT or the middle class in making $54,000 to $137,000. Nothing wrong with that.

By the chart above it appears CT has a very strong white collar and professional jobs presence, nothing wrong that.

It's better to have that distribution than a heavy distribution weighted to the bottom and have mostly low wage to minimum wage jobs.

Let's do the flip side of TN just for fun. The 40 to 80 percentile or the middle class $34,000 to $88,000.
https://statisticalatlas.com/state/T...usehold-Income

CT has STRENGTH in it's middle class.

I've been pointing out the same stats for 8 years. You're not going to get any type of credible rebuttal here by any of the complainers. If the rich are leaving we would be #50 for millionaires by now, but we're still #4.

GE left because of taxes. Aetna is leaving because of taxes. Yet they want to relocate to higher tax districts. Doesn't make any type of sense.

Stop pointing out the obvious and go back to helping people find alt routes around Stamford on Saturday mornings or perhaps recommend a good pizza place. You'll feel a lot better.

[BobNJ1960]

Originally Posted by MrGompers

I've been pointing out the same stats for 8 years. You're not going to get any type of credible rebuttal here by any of the complainers. If the rich are leaving we would be #50 for millionaires by now, but we're still #4.

GE left because of taxes. Aetna is leaving because of taxes. Yet they want to relocate to higher tax districts. Doesn't make any type of sense.

Stop pointing out the obvious and go back to helping people find alt routes around Stamford on Saturday mornings or perhaps recommend a good pizza place. You'll feel a lot better.

Fact: We lost, net, around 13,000 jobs in Q4 during a period the nation gained over 400k.

That's not a sign things are going well.