Are we in the low or middle of HHI for WJ cluster?

Anonymous
We make between 180K and 210K depending on the year and are looking to buy in the WJ cluster (Wyngate/Ashburton/KPES elementary). We would like to be in a place where we would fit in both socio economically and with the community. Are we a lot poorer than the families who live there?
Anonymous
No.
Anonymous
I'd say you're about average, at least for the neighborhoods that feed into Wyngate ES. Our HHI was $165,000 when we moved here. Less now that I've been laid off. There are many tear downs in the 1.3-1.5 million range that would require a HHI of yours or more. We bought an existing split and live very comfortably on our income.
Anonymous
I think you are totally average in KPES. At least that is based on people I know in the community and their respective jobs.
Anonymous
Well the median HHI in MoCo is a little less than 100K, so I doubt you will be the poor people.
Anonymous
Anonymous wrote:Well the median HHI in MoCo is a little less than 100K, so I doubt you will be the poor people.


Not in bethesda

I would say you are mid to low mid
Anonymous
We make about 265k and can't afford a house there.
Anonymous
You could afford a house there, just maybe not the one you dream of.
Anonymous
Anonymous wrote:We make about 265k and can't afford a house there.


In the WJ cluster?
Anonymous
who cares? do you post that on your front door? We are probably known as the lower end of things in bethesda because of the house we have the cars we drive, etc

yet we have a hhi of over 300 no need to worry about what you make vs others.
Anonymous
According to one source, median income in Bethesda is $185K, median home price is $740K.
Anonymous
Anonymous wrote:We make about 265k and can't afford a house there.


Seriously. Who would buy a house over 1M with a $190K income?
Anonymous
How about something like this?
http://franklymls.com/MC9002582

Super cute, and $600K is not bad for an updated house in a good school district.
Anonymous
OP,

People live beyond their means in this area. We make about $210 combined and refused to buy a home over $600K. In fact, we purchased one for $550K. It needs some work, but my husband, who's handy, is ready to blow up the master bath.

So I'd say you're doing much better than many and are clearly comfortable if you live w/in your means.
post reply Forum Index » Real Estate
Message Quick Reply
Go to: