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Montgomery County Public Schools (MCPS)
Reply to "For that person trying to figure out whether her family's income would "fit in" to WJ"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I know that many people in my neighborhood are older and bought houses when they cost a fraction of what they cost now. So this doesn't really reflect the HHI of families now moving to the area. [/quote] Ummm, its based on 2010 census. It reflects the HHI of families currently in the area, whether they've been there for years or not. You are right, it does not reflect the HHI of families that moved into the area in the last two years (of (which probably moves the median only slightly) or who have not yet moved into the area. But it still gives a pretty accurate picture.[/quote] When houses prices increase dramatically in a few year period, as they did in this area, many people with modest incomes are priced out. So the people who moved here 10+ years ago can live much more comfortably on a lower HHI than people just moving to the neighborhood now. This is definitely the case in my neighborhood[/quote]
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