Quote (JohnnyMcCoy @ 7 Oct 2021 18:20)
the income maps are a bit tricky imo due to the massive differences in the states
100k in cali or some some areas in the northeast and you barely escape sleeping in your car, elsewhere you can live extremely well with the same money
Quote (Black XistenZ @ 7 Oct 2021 18:25)
Yeah, the income trends are confounded by age, education and, as you said, the urban vs rural divide. Either way, these maps reinforce the fact that polarization along income lines has been decreasing from a peak in 2012 through 2016 and reached a low point in 2020, while polarization by education has gone up. (Polarization by race and gender peaked in 2016 and went down a little in 2020.)
yeah it really is unique to the US being so large and different across states. Sure you have London vs Birmingham or Berlin vs Dresden or whatever. But it is very extreme in the US.
where I primarily live the median US salary makes you poor as a single person unless you have 2 roommates in a tiny apartment (flat) sharing 1-2 bathroom(s) . where my secondary location is the median would be quite comfortable even with a small family in a townhouse.
what will be interesting is how remote working changes prices and income levels in the next 5 years. if i were so inclined i’d be tempted to move to some small town in south dakota or nebraska or some small beach town in new hampshire and pay next to nothing in rent for a 2 bedroom 2 bath, and sock away my income due to working remote fully now.
This post was edited by excellence on Oct 7 2021 05:43pm