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Reply to "Support a family of 4 on $55k/year"
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[quote=Anonymous][quote=Anonymous]you are all nuts who think you can do this in Metro DC for $55k. We do $225k as a couple and have 2 kids and I think it's not enough for where we are (childcare is a mortgage in itself)! [/quote] Well, I don't think anybody is saying that trying to do it on $55k is going to be easy. We have two kids and make less than half your family income. And thousands of Washington area families do it on half of what my family makes. I think many of us try to be thankful that we don't have to live in those "terrible" areas and don't send our kids to lousy schools but many people don't have the money to do otherwise. From another DCUM thread: Here are the Census data for DC for 2010: http://factfinder2.census.gov/faces/nav/jsf/pages/index.xhtml Median Household Income: $58,526 24% of households have income < $25,000 70% of households have income < $100,000 90% of households have income < $200,000 [/quote]
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