Reply to Would our DD feel out of place at private school if our HHI is $250,000

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Not sure if you are still reading, OP.  But we have had our kids in both public and private.  Honestly, we felt like the families at our public school were considerably wealthier than most of those at our private.  It was never an issue for our kids in public or private school. [b]We are not wealthy.  HHI of about $200,000.[/b][/quote]

Not as wealthy as others, but more wealthy than most, even in DC. You guys are top 6%ers...only slightly lower than OP (to 4%ers).[/quote]

Please post the link that gives you this information (percentile based on incone).  Thanks.[/quote]

No prob. http://money.cnn.com/calculator/pf/income-rank/[/quote]

Per your link, OP is the top 6% nationwide. That definitely makes her well off by national standards.

But she's talking about feeling out of place at an elite DC private school, not vis-a-vis the rest of the country.
1. MD and VA suburbs are always at the top of the wealthiest localities lists.
2. This is a pool of private school families, many or most of whom are full pay and then contribute to the annual fund.

Maybe OP should just count her blessings and decide whether $40k is worth it. Although as another PP pointed out, $40k is actually a lot of money for someone at this income, in this area, with these housing prices (and .

FWIW we had a combined HHI of about $250k and felt less well off than many others at our respected DC-area private, in terms of our house, our vacations, and the fact that we both worked. When the kids switched to public magnets we were among the richest and our shabby house (cosmetic upgrades were deferred to pay for private) was suddenly the object of admiration and my kids were better-travelled than most.

It's a personal decision, but feeling relatively rich or poor shouldn't be a part of it. OP needs to decide whether $40k buys that much better education than her Bethesda public, whth where her kid would thrive.[/quote]

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