Reply to Ok can we stop saying $300k is "rich" in DC?

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Reply to "Ok can we stop saying $300k is "rich" in DC?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We make about $230k a year, but we bought our house in Georgetown for $200k in the 1880s, paid for our kid to go to private and then Ivy. We have over $2M in 401ks, so yes we feel rich.[/quote]. 230k income combined for a couple is very low for Georgetown area. [/quote]

No it is not.  Some of you truly live in your own private bubbles.

The average HHI of Georgetown is $149,339, but the median HHI is $100,479.  That means that the average is driven up by a smaller number of larger earners.  But the median means that 50% of the households make under $100K and 50% make over 100K.  $230K HHI is probably around 75th percentile or so for Georgetowne.  That's not very low; it's not even low, it's on the high end, just not the very high end.  You really should look up information before you try to bias a discussion around your preconceived notions.

[url]https://www.point2homes.com/US/Neighborhood/DC/Washington-DC/Georgetown-Demographics.html[/url]
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