Anonymous
Post 12/07/2024 03:06     Subject: How much/yr is middle class in NOVA?
Wife and I make approximately 190k a year in Montgomery County Maryland

We rent a small townhome/condo in a very working class neighborhood, where alot of the residents are also renting. We can easily afford more, but rather spend it on going out to eat, and taking trips. Saving for a baby, or a house, which ever comes first. We do not have debt.

I would say this for the NOVA area

If you can afford to buy a condo - townhouse in todays market at todays rates ( middle class)


If you can afford to buy a SFH, youre probably probably arent middle class anymore.
If you can affor a single family home right
Anonymous
Post 12/05/2024 15:59     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:
Anonymous wrote:500k hhi is middle class in nova


Based on what data?


On BS data, because it's a BS statement.
Anonymous
Post 12/05/2024 15:46     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Does class = income level? Is a drug dealer or plumber making $300k middle class? Just wondered.


I say source of income doesn’t matter IMO.


So a plumber making 250k is middle class while professor making 100k is lower middle?

You were part of a higher class than them. They “just” had money

I used to be a professor, and once went out on a very large boat (not quite a yacht, but close) owned by some friends. They met up with a couple of other boaters in even bigger, more impressive boats. One was a carpenter and house painter, and the other was a plumber. They owned their own businesses, of course. But still, I felt out-classed (and out-smarted) in spite of my illustrious degrees. I was too busy paying back my ridiculous student loans to even buy a new car.


First, before judging people's class, learn how to post correctly so your responses don't get lost as part of someone else's post.

Second, this is pure cope. A successful business owner, even in a blue-collar industry, is in a higher class than a heavily-indebted professor struggling to get by. You probably mean that the professor listens to NPR and once visited some ancient Roman aqueducts on vacation, but I'm sorry to inform you that having a lot of money is a more important determinant of one's class.
Anonymous
Post 12/05/2024 14:58     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:390k DINKs in Rockville and I feel wealthy tbh. Middle class has got to be 100-200k in this area, especially seeing those daycare costs


You have no children. Children are expensive; especially childcare and Rockville is not as expensive as parts of NoVa. Bethesda doesn’t even compare to some parts of NoVa.

Nova troll? Rockville is like Vienna or other nearby just outside the beltway NoVa suburbs. Bethesda is like McLean. Of course there’s some pockets of NoVa more expensive than Bethesda(a huge area), while there’s pockets of Bethesda that are absurdly pricey.


Since when is Rockville not as expensive as NoVA? That's absurd.


NOVA is also large. We live in McLean so Rockville is less expensive but Rockville would probably be comparable to Alexandria.

Pp with no kids doesn’t have to worry about school districts, private school tuition, nanny, etc. My BIL rented a place in Bethesda as a single and had no real expenses. His only expense were dates and travel. Very different than his brother with 50k tuition, nanny, housekeeper, WIFE.

Tuition and housekeeper and completely unnecessary. You buy in a good school district and you got tuition covered. Don’t buy a 4k sq ft McMansion and you don’t need a housekeeper. The wife is the bigger drainer of expenses lol I agree, women be shopping
Anonymous
Post 12/05/2024 14:18     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:390k DINKs in Rockville and I feel wealthy tbh. Middle class has got to be 100-200k in this area, especially seeing those daycare costs


You have no children. Children are expensive; especially childcare and Rockville is not as expensive as parts of NoVa. Bethesda doesn’t even compare to some parts of NoVa.

Nova troll? Rockville is like Vienna or other nearby just outside the beltway NoVa suburbs. Bethesda is like McLean. Of course there’s some pockets of NoVa more expensive than Bethesda(a huge area), while there’s pockets of Bethesda that are absurdly pricey.


Since when is Rockville not as expensive as NoVA? That's absurd.


NOVA is also large. We live in McLean so Rockville is less expensive but Rockville would probably be comparable to Alexandria.

Pp with no kids doesn’t have to worry about school districts, private school tuition, nanny, etc. My BIL rented a place in Bethesda as a single and had no real expenses. His only expense were dates and travel. Very different than his brother with 50k tuition, nanny, housekeeper, WIFE.
Anonymous
Post 12/05/2024 13:03     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Does class = income level? Is a drug dealer or plumber making $300k middle class? Just wondered.


I say source of income doesn’t matter IMO.


So a plumber making 250k is middle class while professor making 100k is lower middle?

You were part of a higher class than them. They “just” had money

I used to be a professor, and once went out on a very large boat (not quite a yacht, but close) owned by some friends. They met up with a couple of other boaters in even bigger, more impressive boats. One was a carpenter and house painter, and the other was a plumber. They owned their own businesses, of course. But still, I felt out-classed (and out-smarted) in spite of my illustrious degrees. I was too busy paying back my ridiculous student loans to even buy a new car.
Anonymous
Post 12/05/2024 12:59     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Does class = income level? Is a drug dealer or plumber making $300k middle class? Just wondered.


I say source of income doesn’t matter IMO.


So a plumber making 250k is middle class while professor making 100k is lower middle?


I used to be a professor, and once went out on a very large boat (not quite a yacht, but close) owned by some friends. They met up with a couple of other boaters in even bigger, more impressive boats. One was a carpenter and house painter, and the other was a plumber. They owned their own businesses, of course. But still, I felt out-classed (and out-smarted) in spite of my illustrious degrees. I was too busy paying back my ridiculous student loans to even buy a new car.
Anonymous
Post 12/05/2024 12:55     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:
Anonymous wrote:390k DINKs in Rockville and I feel wealthy tbh. Middle class has got to be 100-200k in this area, especially seeing those daycare costs


You feel wealthy on 390k because you don't have kids!


Unless you have like 10 kids, 390K is definitely "comfortable." Call it middle or upper middle, but it's comfortable. Or it should be.
Anonymous
Post 12/05/2024 12:54     Subject: How much/yr is middle class in NOVA?
This thread is insane. We make about 200-250K on a good year, and we are definitely middle class. We live in a middle class neighborhood, in a middle class home, and our one child goes to one of FCPS's "OK" schools. We can afford in-state tuition for college, but that's it.
We aren't rich, and we aren't poor. That's middle.
Anonymous
Post 12/05/2024 11:43     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:500k hhi is middle class in nova


Based on what data?
Anonymous
Post 12/05/2024 11:02     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:390k DINKs in Rockville and I feel wealthy tbh. Middle class has got to be 100-200k in this area, especially seeing those daycare costs


You feel wealthy on 390k because you don't have kids!
Anonymous
Post 12/05/2024 08:50     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:390k DINKs in Rockville and I feel wealthy tbh. Middle class has got to be 100-200k in this area, especially seeing those daycare costs


You have no children. Children are expensive; especially childcare and Rockville is not as expensive as parts of NoVa. Bethesda doesn’t even compare to some parts of NoVa.

Nova troll? Rockville is like Vienna or other nearby just outside the beltway NoVa suburbs. Bethesda is like McLean. Of course there’s some pockets of NoVa more expensive than Bethesda(a huge area), while there’s pockets of Bethesda that are absurdly pricey.


Since when is Rockville not as expensive as NoVA? That's absurd.
Anonymous
Post 12/05/2024 08:43     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:
Anonymous wrote:390k DINKs in Rockville and I feel wealthy tbh. Middle class has got to be 100-200k in this area, especially seeing those daycare costs


You have no children. Children are expensive; especially childcare and Rockville is not as expensive as parts of NoVa. Bethesda doesn’t even compare to some parts of NoVa.

Nova troll? Rockville is like Vienna or other nearby just outside the beltway NoVa suburbs. Bethesda is like McLean. Of course there’s some pockets of NoVa more expensive than Bethesda(a huge area), while there’s pockets of Bethesda that are absurdly pricey.
Anonymous
Post 12/04/2024 21:01     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:390k DINKs in Rockville and I feel wealthy tbh. Middle class has got to be 100-200k in this area, especially seeing those daycare costs


SINK here, and I agree that no kids makes all the difference.

I’m self-employed, so my income varies. But two years ago, I made $200,000 and felt positively wealthy. This year, I’m probably going to make closer to $130,000 and I still feel well-off. (At least 80% of small business owners that I speak with say their income is down significantly, but sure, we’re not in a recession—the economy is great and it’s a mystery why Trump won. )

Anyhoo, I’m 43 and have already paid off my mortgage. If you have no kids and no mortgage, even $150,000 is a lot of money: you pay $40,000 in taxes, can have a very good quality of life spending $50,000, and save $60,000. And $60,000 a year into the S&P 500 ($5,000/month) becomes $1 million in 10 years. Pretty easy to get rich if you don’t have kids.


Do you live in the DMV?


Yes, in MoCo.
Anonymous
Post 12/04/2024 19:44     Subject: How much/yr is middle class in NOVA?
Anonymous wrote:
Anonymous wrote:390k DINKs in Rockville and I feel wealthy tbh. Middle class has got to be 100-200k in this area, especially seeing those daycare costs


SINK here, and I agree that no kids makes all the difference.

I’m self-employed, so my income varies. But two years ago, I made $200,000 and felt positively wealthy. This year, I’m probably going to make closer to $130,000 and I still feel well-off. (At least 80% of small business owners that I speak with say their income is down significantly, but sure, we’re not in a recession—the economy is great and it’s a mystery why Trump won. )

Anyhoo, I’m 43 and have already paid off my mortgage. If you have no kids and no mortgage, even $150,000 is a lot of money: you pay $40,000 in taxes, can have a very good quality of life spending $50,000, and save $60,000. And $60,000 a year into the S&P 500 ($5,000/month) becomes $1 million in 10 years. Pretty easy to get rich if you don’t have kids.


Do you live in the DMV?