alkemyst
No Lifer
- Feb 13, 2001
- 83,769
- 19
- 81
I did the worst I did in the past 5-6 years this past year making only about $34k working for myself....I wasn't really hustling as the beginning of 2003 was spent more lining things up for now. Combined income is closer around $65k. This year that should be significantly higher.
The median US income for a family 2 or more is about $40k, for 4 or more around $60k.
Individual I think hovers around $26-30k or so.
These are country-wide numbers in some areas of the country median/averages may be much higher or lower (though it's more of a leaning tower towards the higher side)....
In this economy you are doing not so bad 'in most areas' if your are bringing home around $26ish to 30k per year individually and only working under 5 years or so. Of course if you been in your field 10years+ this is probably a terrible wage....this is just the low line in the sand.
Personally I think it's very hard to live comfortably on your own (assuming a couple) for less than $60k a year and even then you are just doing the minimums (1 family vacation per year, modest cars, modest home, modest savings)....once you break the 100k barrier (without kids) you can get more creative and your money grows much faster.
The median US income for a family 2 or more is about $40k, for 4 or more around $60k.
Individual I think hovers around $26-30k or so.
These are country-wide numbers in some areas of the country median/averages may be much higher or lower (though it's more of a leaning tower towards the higher side)....
In this economy you are doing not so bad 'in most areas' if your are bringing home around $26ish to 30k per year individually and only working under 5 years or so. Of course if you been in your field 10years+ this is probably a terrible wage....this is just the low line in the sand.
Personally I think it's very hard to live comfortably on your own (assuming a couple) for less than $60k a year and even then you are just doing the minimums (1 family vacation per year, modest cars, modest home, modest savings)....once you break the 100k barrier (without kids) you can get more creative and your money grows much faster.
