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If Raleigh-Durham were together, it would be lower due to the Raleigh portion having more people and it’s average annual income is about $6k lower than the Nassau-Suffolk Metro Division figure. Per capita income is about $20k higher in the Nassau-Suffolk Metro Division than either Durham-Chapel Hill or Raleigh areas according to 2016 information from the Bureau of Economic Analysis. According to the BEA, the Nassau-Suffolk Average Earnings per job according to 2016 numbers was $64,514. For Durham-Chapel Hill it is $65,190 and for Raleigh it is $56,555. Source: https://bea.gov/iTable/iTable.cfm?re...step=1&isuri=1
With that said, I get the point.
Median income would likely be much different and that source is nice due to seeing things by occupation.
This also depends on the area, as outside of Atlanta, Dallas, Houston and Midland in TX, no other Southern area has an Annual mean(average) wage in above $50k. In NY State, Besides the Nassau-Suffolk metro division, the Ithaca, Albany and Dutchess-Putnam metro division areas are above $50k.
We are getting off topic here. As a retiree my income only raises incrementally when I receive COLAs intermittently. When I crossed the NY state line southbound I was able to put $7000 in my pocket that I had to pay for local property and school tax. Now, I'm not trying to convince anyone one way or the other to stay or leave NY. I can see that young families with children might think the school tax burden isn't a burden at all. But for myself, it was a major deciding factor.
We are getting off topic here. As a retiree my income only raises incrementally when I receive COLAs intermittently. When I crossed the NY state line southbound I was able to put $7000 in my pocket that I had to pay for local property and school tax. Now, I'm not trying to convince anyone one way or the other to stay or leave NY. I can see that young families with children might think the school tax burden isn't a burden at all. But for myself, it was a major deciding factor.
My post was simply in response to another post.
I’ve actually stated on here that retirees leaving makes sense, dare I say even if taxes were “low” in NY for other reasons.
As an aside, the thing that will always make NY State different is that it has always been an immigrant gateway into the US state due to its geography. Meaning, NYC has always been a port of entry for immigrants, in which many of the posters on here descend from. There will likely be some influx of people, given how this country has been built and formed. So, immigration just comes with the territory in terms of the state’s population, as that has always been the case.
LOL I love when people try to say STAR helps. I remember looking at a house in Schenectady and even with STAR the annual taxes were north of $5K. For an old as hell place in Schenectady.
Same with STAR, as it is to reduce property taxes.
That’s all...
I'm missing something your own sites shows NY as the second most expensive state and at least Kiplinger is a nationally recognized publication. I realize its from 2016 but has NY economics done that big a change over the past year?
STAR is a joke and does nothing to make the egregious tax burden comparable to the majority of the country. I was being sarcastic....
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Originally Posted by MrJones17
LOL I love when people try to say STAR helps. I remember looking at a house in Schenectady and even with STAR the annual taxes were north of $5K. For an old as hell place in Schenectady.
I know, but I've actually heard people try to convince me that STAR was some sort of life saver when in actuality it's just another distraction created by the state.
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