Reply to What is Middle Class....Really?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think your first example is a bit out of touch with housing prices in SF.  [/quote]
What do you mean? I simply posted a link to the NPR report that showed, clearly, that $100k is NOT lower-class in SF (despite another poster saying it was). So these are not my figures, but researched statistics.[/quote]

1) the data is four years old - SF has seen even higher housing prices since then, and 2) it includes people who bought homes years ago or are protected by rent control.  A family, especially one with children, moving there now would have a very hard time making it on $100k. [/quote]

Researched statistics also show that if you are 5 or more years into your career and are college educated and making under 100k, you are below half of your peers.

It is not an assault on your character. It is an innocuous fact.[/quote]

Link to back that up?  It's probably true in large metro areas, but I doubt that stat for smaller markets. [/quote]
Agree. I can't believe we are still trying to persuade college-educated professionals earning $100,000 that they are below average. I think what's skewing the numbers up are doctors and lawyers, but take that out of the equation, and $100,000 is quite good. (Also, is that HHI or individual salaries?)

The link below shows the average salary for professionals 10 years after graduating from the top 25 colleges - which would put them around year 5 or 6 into their careers. Not a single one hit the $100k average.  Even the very top earning schools (like MIT, with its highly paid STEM majors) and Harvard (because, well  HARVARD) averaged $90,000. And many other excellent schools, like Vanderbilt and Northwestern, averaged only around $60,000. Even Yale averaged only $66,000.

http://www.businessinsider.com/top-25-best-colleges-salaries-2016-9[/quote]

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