Reply to 200k HHI is just getting by Six-Figure Salary No Longer Means You're Rich 5k leftover see this chart

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Reply to "200k HHI is just getting by Six-Figure Salary No Longer Means You're Rich 5k leftover see this chart"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Just a reminder: $200,000 is more than twice the median household income for the D.C. metro region. [/quote]

Also, adjusting for the little bit of inflation between 2012 and 2016, the equivalent of $200,000 in 2016 (which was $194,000) put you in the top 13 percent of household income for the D.C. area: http://www.nytimes.com/interactive/2012/01/15/business/one-percent-map.html[/quote]

OK, but most households with an income that high have two adults, and here we're talking about people who have high expenses because they have children at home so we mean households of three or more. Those households are larger than the average household in this region--about 30% of households in this region are a household of 1, and the average is just over 2. So you're averaging in a lot of smaller households, which are likely to have smaller incomes, with larger two-income households, and saying the larger households are "above average." On a HHI basis, maybe. On a per person basis, they may be much closer together. [/quote]

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