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Old 11-16-2015, 12:17 AM
 
Location: Houston
76 posts, read 102,070 times
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I don't think I would be able to afford DC right out of school, but I'm curious...

What would you consider a decent, livable salary in D.C. for a single female wanting to live in an apartment in a safe (doesn't have to be nice, new, or fancy, just safe) area? I mean bare minimum salary to live off off. Pay rent, pay the bills, food, etc. Your typical expenses.
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Old 11-16-2015, 07:03 AM
 
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Depends on what bills/debts you currently have. Someone with student loans, credit card debt, car payment, etc., will find it much harder to have his/her own apartment in DC than someone without (or minimal) debt.
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Old 11-16-2015, 07:50 AM
 
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Another complicating factor is that there are a lot of areas in DC that some people consider "safe" but other people (like some people from the suburbs) would never set foot in. It really depends on your personal comfort level, so it's hard to advise you without personally knowing you.
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Old 11-16-2015, 08:30 AM
 
Location: East Coast of the United States
27,578 posts, read 28,680,428 times
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Quote:
Originally Posted by TXNgal View Post
I don't think I would be able to afford DC right out of school, but I'm curious...

What would you consider a decent, livable salary in D.C. for a single female wanting to live in an apartment in a safe (doesn't have to be nice, new, or fancy, just safe) area? I mean bare minimum salary to live off off. Pay rent, pay the bills, food, etc. Your typical expenses.
I'd say $60K/year as a ballpark figure. That can afford you an apartment with $1500/month rent - in a nicer neighborhood.

$40K/year might be okay if you're willing to live in a studio apartment.
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Old 11-16-2015, 08:57 AM
 
Location: DC
2,044 posts, read 2,961,260 times
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Quote:
Originally Posted by BigCityDreamer View Post
I'd say $60K/year as a ballpark figure. That can afford you an apartment with $1500/month rent - in a nicer neighborhood.

$40K/year might be okay if you're willing to live in a studio apartment.
$60k a year if you want your own apartment. sounds right, but it might be a studio. $40k will not get you your own apartment, even a studio, but a room in a shared house and barely scraping by. Do not think about coming to DC really for any less than $50k. That's my advice.

Sometimes I think board members are out of touch with current rental rates.
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Old 11-16-2015, 08:59 AM
 
Location: Crooklyn, New York
32,113 posts, read 34,739,914 times
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25.9% of all full-time workers in the District of Columbia earn $100,000 or more per year (only 12.0% nationwide).

The median income for workers with a graduate or professional degree is $82,921 ($66,493 nationwide).

31.0% of men working full-time earn $100,000 or more. 20.8% of women earn at least $100,000.

39.9% of all non-Hispanic White full-time workers earn $100,000 or more.

44.4% of non-Hispanic White men earn at least $100,000 (only 19.8% nationwide). 34.9% of non-Hispanic White women earn at least $100,000.

14.8% of non-Hispanic Black men earn at least $100,000 (only 6.9% nationwide).

Last edited by BajanYankee; 11-16-2015 at 09:17 AM..
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Old 11-16-2015, 09:09 AM
 
Location: Crooklyn, New York
32,113 posts, read 34,739,914 times
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"Decent" is subjective. There are people earning $35,000 per year with no student loans and live in group housing with 6 other people. They might say they're earning "decent" money.

You could also be said to be making "decent" money if you're comparing your income to those of the residents of Potomac Gardens.

The median income for someone with a Bachelor's degree in DC is around $61,334. If you are only a few years out of college, you are probably ahead of most your peers if you're earning that much.

Overall, $100,000 per year makes you the average White guy in DC. It makes you more exceptional if you're a Black guy, but less exceptional than you would be anywhere else in America. There are more Black guys making six figures in DC than there are in Manhattan and Atlanta combined.
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Old 11-16-2015, 10:00 AM
 
Location: Houston
76 posts, read 102,070 times
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Very expensive area. I assume my salary would be higher as well, but it still doesn't seem enough. At least not as a nurse right out of school with no experience. Maybe one day! I really liked DC
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Old 11-16-2015, 10:20 AM
 
Location: East Coast of the United States
27,578 posts, read 28,680,428 times
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Quote:
Originally Posted by TXNgal View Post
Very expensive area. I assume my salary would be higher as well, but it still doesn't seem enough. At least not as a nurse right out of school with no experience. Maybe one day! I really liked DC
The DC area is the 3rd most expensive in the nation - after NYC and the SF bay area. Those 2 are even more spectacularly expensive.

I think that a nurse should do fine in the long run. RN salary with experience is around $80k.
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Old 11-16-2015, 11:25 AM
 
Location: West Hollywood, CA from Arlington, VA
2,768 posts, read 3,531,051 times
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Quote:
Originally Posted by TXNgal View Post
Very expensive area. I assume my salary would be higher as well, but it still doesn't seem enough. At least not as a nurse right out of school with no experience. Maybe one day! I really liked DC
My best friend just started her nursing career straight out of college at like $53k. I think that's pretty average for entry-level RN.
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