I make 32k a year in Florida and I still live with my parents. I pay all the utilities, which are around 500 a month. If I tried to live on my own I would have to spend at least 800 for a 1 bedroom apt. Plus car payment ( you need a reliable car since you everything is so far apart), and insurance is another 600 a month. I don't even have health insurance since it would be a considerably large extra bill.
Im not scraping by by any means, but its not exactly easy on 32k I cant imagine getting by on 20k or less.
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?
This makes me feel worse than I already do. I'm nowhere near 20,000 even on a good year. I feel so sad and desperate now being jobless off and on. I'm just tired of playing this game hoping that someone will call me for an interview and if they accept me. Sometimes I cry because I feel like I'm never going to amount to shit.
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.Median household income is a bit over 50k so adults starting their careers are going to make a bit less than half of that.
Note that the youngest millennials are college-aged and may only be working part time, which may skew the median downward.
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.
New map proves it, Millennials are killing the median income! Will the millennials reign of terror ever end?
https://twitter.com/deray/status/802353325702344704
Does this include people who are in college? Because that would really mess up the average and not give an accurate picture of each state's median.
Edit: From the article in the OP.
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'm sure it would. Though 2/3rds of millennials would be beyond typical college age by now.
If it was mean instead of median it would give a better accuracy. This link was for clicks imho.
If it was mean instead of median it would give a better accuracy. This link was for clicks imho.
That's why a lot are still living with their parents or group up together.22k in Texas sounds really really low. Isn't Houston and Austin really expensive place to live?
22k in Texas sounds really really low. Isn't Houston and Austin really expensive place to live?
No, pre-tax.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.
22k in Texas sounds really really low. Isn't Houston and Austin really expensive place to live?
Or maybe people are trapped at their parent's houses because they don't have the money to move *think emoji*get out of your parent's basement people.
Ouch, so it gets a bit lower. Big difference for the EU people talking, they are probably looking at their income after tax, while Americans tend to talk pre-tax. At least, that is my experience.No, pre-tax.
Another thing to consider is this is not household income.
Looking at houses currently in SoCal ( Riverside ) and its either double or triple my salary. Only if i was making the same amount of money now and that house being 150k.
Is this counting people in college working 10 hours a week on work-study?
get out of your parent's basement people.
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.If it was mean instead of median it would give a better accuracy. This link was for clicks imho.
get out of your parent's basement people.
get out of your parent's basement people.
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.
Stop the avocado toast
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.
Move into the garage of course.how can we afford that?
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.