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Reply to "Is 80k a decent salary for a degree holder in his 30s?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's not a spectacular salary nor a great salary. You're basic middle class. In the DMV it means an apartment or a modest townhouse in the exurbs. Up to you if you want to make more and figure out how to make more. Some people who have six figures+ income lucked into it, most figured out how to make it happen and pushed their way into it. They made that choice. [/quote] 80k is actually the median or above the median in most professions. Most people will never make 6 digits because there are not enough jobs out there that pay that much. That night be average in YOUR circle, but not in the DMV at large. You're also talking like being middle class, which HHI is far lower by the way, is some kind of moral punishment. It's not. You're just an elitist giving advice.[/quote] OP and his partner do not make six figures. Their combined HHI is six figures. Low six figures. In DMV that's probably the entry level income needed for a HHI to buy a very modest SFH in the outer suburbs or a small condo closer in. We're talking Columbia, Burke, Manassas. You are out of touch with reality and the cost of living and what it takes to achieve basic middle class benchmarks, like owning your own house and having a decent 401k and savings. FYI median HHI in metro DC is 111k and that is factoring in everything from singles on welfare to law partners: https://datausa.io/profile/geo/washington-arlington-alexandria-dc-va-md-wv#:~:text=Between%202020%20and%202021%20the,%24111%2C252%2C%20a%204.55%25%20increase. Per capita income is $71k: https://www.census.gov/quickfacts/fact/table/DC,US/PST045223 and OP and his partner are pretty much smack dab right in the middle. Which is why I said they are basic middle class. [/quote]
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