Reply to Median Family Household Incomes by School

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The QOHS data is interesting. It doesn’t really show the Lakelands/Kentlands families. We are a Lakelands family with an HHI of $600K. We send our kid to private school. It’s not uncommon to see bumper stickers from private schools in the neighborhood. [/quote]

That's an extraordinary income level even in that area.

This is calculating a median, not a mean, so it doesn't really matter how much higher than the median an income is, just that it is higher.[/quote]

Not really, you have two working parents who make 200/400 or 300/300 or 500/100.  Those are not abnormal for doctors/law/tech/finance/business owners, etc.[/quote]

Most people aren't doctors/law/tech/finance/business owners. Even in the Kentlands. It is a very, very high income.[/quote]

Yes. The average HHI in the Kentlands is $200-300K, according to Kimco:

https://www.kimcorealty.com/properties/kentlands-market-square/117620/view[/quote]

I'm always amazed by how out-of-touch Dcum posters are. Even when the data is right in front of them.[/quote]

It would be very hard without help on that income to live in a 1-2 million dollar home.  [/quote]

Many people bought their houses before they were worth $1 million? SFH prices in this area have outpaced inflation and wage growth.[/quote]

Some…not many and some borrowed against it.  [/quote]

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