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Millennial Average Median Income Per State
- Thread starter BoogieWoogie
- Start date
H.Protagonist
[-_-]/
The car payment makes it a bit tougher, but that seems like a ton to me compared to when I was living in LA. I had to pay $895 just for a studio, and Florida is dirt cheap compared to LA. What are you spending your money on that makes it necessary to live with your parents still? School loans?
GrizzleBoy
Banned
Numbers are shitty all across the board.
Yet property prices and rents continue to rise at rates that don't represent what almost any young people can comfortably afford.
Yet property prices and rents continue to rise at rates that don't represent what almost any young people can comfortably afford.
ClosingADoor
Member
This is after tax?
Would be enough, if the US didn't have that healthcare bullshit costing you guys a ton of money and the rent is too damn high in most cities these days. Fix those two and most people can live pretty well.
Would be enough, if the US didn't have that healthcare bullshit costing you guys a ton of money and the rent is too damn high in most cities these days. Fix those two and most people can live pretty well.
RoboGeorgeForeman
Banned
Where? I'm paying more than twice that and while I've found apartments for $1500, that's about the cheapest apartments I've found that aren't in supposed bad areas.
Let me interject and tell you an obscure truth: you already amount to something.
You exist.
This really is enough.
The problem right now is a society that says "No! More!" especially when that more is fleeting.
We really need a society where one's sense of worth does not come from jobs, because as you and I know, this. is. not. working. anymore.
Don't beat yourself up. Demand the beating of a jobs cult culture, and that bitch needs some dropkicks.
airmangataosenai
Member
Im also curious if they are counting say, older high school students in this stat and college students outside the work force. That eould skew this downward as well. It might also explain why Mississippi is on the higher side in relative terms.
H.Protagonist
[-_-]/
I was in KTown just south of Rampart. Definitely not a 'nice' area, but perfectly serviceable and I actually liked my complex. Utilities were included and pets allowed as well. I looked up the apartment to see what the price is now since it's been 10 years(!), and it looks like their apartments are for $1000 and up currently.
To add, I lived in Torrance up until 2013, and my 1 bedroom there was $1030 (bc I traded the parking spot that came with it for a rent reduction. It was normally $1100).
New map proves it, Millennials are killing the median income! Will the millennials reign of terror ever end?
https://twitter.com/deray/status/802353325702344704
Way above avg in FL which is surprising. Even the my company hasn't even been paying us what other companies do.
BocoDragon
or, How I Learned to Stop Worrying and Realize This Assgrab is Delicious
I'm sure it would. Though 2/3rds of millennials would be beyond typical college age by now.
David Incorporated Esq.
Member
More than that I think, 1982 or so was the start of the generation with '96-'98 being the tail end. Millennials old as fuck. I'm just barely in it from the old side so I'm not surprised to be comfortable higher than the medians.
I don't know, "young people not making money" isn't really news anymore, is it?
quickwhips
Member
If it was mean instead of median it would give a better accuracy. This link was for clicks imho.
Median tends to be a better measure for these types of things since it's what the most number of people make, ergo it's a better predictor of what the average person would be making. Essentially it's the middle of the bell curve.
No. Just no. Average doesn't consider inequality.
Skellig Gra
Member
This is another example of why "generations" are dumb. No way the older spectrum of millennials are making an average of that low. I make like 4x my states number. I suppose the inherent point remains the same, younger people are really struggling.
That's why a lot are still living with their parents or group up together.
Zoe
Member
Rural + the main cities will have a lot of students dragging the average down.
No, pre-tax.
Another thing to consider is this is not household income.
GoldenEye 007
Member
Austin is getting more expensive. But places like Houston and Dallas still have a relatively low cost of living - given the size and resources of the respective cities. Lots more sprawl that I guess helps.
That being said, all of those locations are rising in price. And regardless, even with a lower cost of living, 22k won't get you far at all.
davidwhangchoi
Member
get out of your parent's basement people.
Theonik
Member
Or maybe people are trapped at their parent's houses because they don't have the money to move *think emoji*
California Median personal income for all employees: $35,000
Fuck me that's low (you all should really read the article).
I'm thankfully working jobs now where I can afford to live okay, but as it's contract work I am on the constant hustle to find what's next which is its own stress.
Fuck me that's low (you all should really read the article).
I'm thankfully working jobs now where I can afford to live okay, but as it's contract work I am on the constant hustle to find what's next which is its own stress.
ClosingADoor
Member
Not sure if you misspoke, but you know 3:1 house price to salary ratio is pretty standard right? It's a fairly safe rule of thumb to have. E.g. make 100k, you can afford 300k house.
Taco_Human
Member
I'm slightly above the average in MA.....Still can't live on my own or move out.
Zoe
Member
Yes
how can we afford that?
No, mean has issues with outliers, which in this case would be greatly affected by the 1%, skewing what the average person makes. Median is much less affected by that and a better statistic for this distribution. Though you could remove the outliers and take the average, using the median is more robust.
travisbickle
Member
Mammoth Jones
Member
Yea that's pretty much what i made when about that point in my early 20's. Keep grinding. Adapt when needed.
Getting a fat salary right out of the gate isn't the norm.
Getting a fat salary right out of the gate isn't the norm.
I'm starting a new job in two weeks with a starting pay of $45k, not including overtime, with great benefits and retirement (Bay Area). Some people in my generation aren't so lucky. I think we need to work on getting people better access to jobs, education, better wages and lowering income inequality.
mullet2000
Member
The numbers are right there showing why people aren't doing that.
travisbickle
Member
Hasn't everything gone up in price massively in the US since then?
In the UK, I notice people are on a similar wage to what I remember but rent and student fees have gone up crazily.
mhayes86
Member
YOU CAN'T TELL ME WHAT TO DO.
What's the average median income for northern VA? $25k is incredibly low for this area, so I'm sure the rest of VA is affecting that number.
Mammoth Jones
Member
Massively since 2001? No. Up sure. But I made shit at that age. It wasn't enough then. Not enough now. But I always understood it'd be that way and knew I'd have to find a better job and keep grinding.
ClosingADoor
Member
Move into the garage of course.
Astral/H3X
Member
Jeez, I'm making 3x the median of my state....
Fuck. There's gotta be something we can do about this &_&
Fuck. There's gotta be something we can do about this &_&
badboy78660
Member
Will you be commuting/living with your folks? Super expensive out there, no?
Astral/H3X
Member
The medians are barely over minimum wage.