The average American makes 45K. Where do you fall?

Ezekiel 25:17

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Where she get $45k?:dwillhuh: There's several sources that claims $67k is the medium household income.

Edit: read that all wrong. $45k sounds low as hell. What's the breakdown?:picard:
 

Ozymandeas

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Where she get $45k?:dwillhuh: There's several sources that claims $67k is the medium household income.

Edit: read that all wrong. $45k sounds low as hell. What's the breakdown?:picard:

America is a broke ass country with a credit card problem. Like it makes no sense for the average income to be $45K individual and $64K household yet the average home price is $370K. Who buying these sh*ts? Using the 3X income rule the average home across the country shouldn’t be more than $190K. Eventually it’s gonna all come crashing down.
 

Brolic

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This is the coli. You already know the answer.
full
 

Ezekiel 25:17

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America is a broke ass country with a credit card problem. Like it makes no sense for the average income to be $45K individual and $64K household yet the average home price is $370K. Who buying these sh*ts? Using the 3X income rule the average home across the country shouldn’t be more than $190K. Eventually it’s gonna all come crashing down.


Well it's most likely the amount of poor. I think 35 million are below the poverty line, that brings everything down. No bank is giving you a loan on a $350k house when your combined income is only $67k. That's how the 2008 recession started.

With that said, if the medium household income is $67k, that's not bad. Not to mention you the tax breaks. Should be enough for a $180k house and cheap car
 
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