| Posted By |
Message |
PrincessP
Big sister!!!!!!!!!!
Member since 12/05 17450 total posts
Name:
|
just curious...income related
what do you think Average incomes are on Long Island per person?
|
Posted 9/18/06 8:48 PM  |
| |
|
Long Island Weddings
Long Island's Largest Bridal Resource |
randella
Love my little man
Member since 8/05 16290 total posts
Name:
Randi
|
Re: just curious...income related
The average HHI in the US is $55K. I would think that would be similar on LI, just because I think it is representative of the rest of the country-- the lower incomes balance out the higher ones.
|
| Posted 9/18/06 8:50 PM |
| |
|
MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
|
Re: just curious...income related
according to the Long Island Index, the MEDIAN (not average) household income is $75K. (considering FH and I make more than that and cant buy a house it infuriates me!)
|
| Posted 9/18/06 8:52 PM |
| |
|
johnsae
Sip.
Member since 3/06 18677 total posts
Name:
|
Re: just curious...income related
Posted by randella
The average HHI in the US is $55K. I would think that would be similar on LI, just because I think it is representative of the rest of the country-- the lower incomes balance out the higher ones.
55k? is that for a family or one person?
|
| Posted 9/18/06 8:52 PM |
| |
|
PrincessP
Big sister!!!!!!!!!!
Member since 12/05 17450 total posts
Name:
|
Re: just curious...income related
I was referring to one person...Yuck...does that mean the avg one person income is like 25-30???
|
| Posted 9/18/06 8:54 PM |
| |
|
Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
|
Re: just curious...income related
Posted by PrincessP
what do you think Average incomes are on Long Island per person?
50 K
|
| Posted 9/18/06 8:55 PM |
| |
|
randella
Love my little man
Member since 8/05 16290 total posts
Name:
Randi
|
Re: just curious...income related
Posted by johnsae
Posted by randella
The average HHI in the US is $55K. I would think that would be similar on LI, just because I think it is representative of the rest of the country-- the lower incomes balance out the higher ones.
55k? is that for a family or one person?
Family-- a household.
I know it seems REALLY low... but we are so jaded here. It's really cheap to live in other parts of the country.
|
| Posted 9/18/06 8:57 PM |
| |
|
SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
|
Re: just curious...income related
well the household income on LI is about $76K
|
| Posted 9/18/06 8:57 PM |
| |
|
MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
|
Re: just curious...income related
Posted by randella
Posted by johnsae
Posted by randella
The average HHI in the US is $55K. I would think that would be similar on LI, just because I think it is representative of the rest of the country-- the lower incomes balance out the higher ones.
55k? is that for a family or one person?
Family-- a household.
I know it seems REALLY low... but we are so jaded here. It's really cheap to live in other parts of the country.
the OP asked about LI though. eta: and i dont think we are jaded at all - we NEED to make more $$ here to afford it!!
Message edited 9/18/2006 8:58:39 PM.
|
| Posted 9/18/06 8:58 PM |
| |
|
Bri
I Love You to Pieces!
Member since 5/05 9919 total posts
Name:
Brianne
|
Re: just curious...income related
Posted by Meaghan729
according to the Long Island Index, the MEDIAN (not average) household income is $75K. (considering FH and I make more than that and cant buy a house it infuriates me!)
|
| Posted 9/18/06 8:58 PM |
| |
|
randella
Love my little man
Member since 8/05 16290 total posts
Name:
Randi
|
Re: just curious...income related
Posted by Meaghan729
the OP asked about LI though. eta: and i dont think we are jaded at all - we NEED to make more $$ here to afford it!!
I know they asked about LI-- but I just thought that it would most likely be similar to that of the US average.
And $55 seems so low because it is so much more expensive to live on LI- as opposed to other places in other parts of the country.
But really, LI is no different than any other community in the metro NY area.
|
| Posted 9/18/06 9:01 PM |
| |
|
MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
|
Re: just curious...income related
and the LI index also states that the median home value is $395K - lets do the math! can someone making $75K afford a house that much putting 20% down. um no. and i did the calc with no other debt involved, $1K in insurance a year, and $6K in taxes a year.
|
| Posted 9/18/06 9:03 PM |
| |
|
Lisa
I'm a PANK!!!
Member since 5/05 22334 total posts
Name:
Professional Aunts No Kids
|
Re: just curious...income related
that figure of $76K blows me away because I cant believe that anyone could afford a house on LI at $350-$500K on that income!! 
|
| Posted 9/18/06 9:25 PM |
| |
|
Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
|
Re: just curious...income related
ok....was this per family?
or per person?
|
| Posted 9/18/06 9:27 PM |
| |
|
MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
|
Re: just curious...income related
Posted by Redhead
ok....was this per family?
or per person?
the OP asked per person...but I have no idea, couldnt fathom a guess -so I searched and all i could find was household income so i posted it. - if the median household income is $75K - i would think the median per individual would be about $50K - but Im just guessing.
|
| Posted 9/18/06 9:29 PM |
| |
|
yankinmanc
Happy Days!
Member since 8/05 18208 total posts
Name:
|
Re: just curious...income related
From my experience...about one million trillion billion dollars.
I haven't lived on LI for about 7 years, how far off on that number am I???
|
| Posted 9/18/06 9:29 PM |
| |
|
PrincessP
Big sister!!!!!!!!!!
Member since 12/05 17450 total posts
Name:
|
Re: just curious...income related
Posted by Redhead
ok....was this per family?
or per person?
I think my question created a whirlwind effect. Me..... I was looking for individual and I got alot of household income answers. Which I divided to get my answer.
|
| Posted 9/18/06 9:29 PM |
| |
|
MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
|
Re: just curious...income related
Posted by racheeeee
From my experience...about one million trillion billion dollars.
I haven't lived on LI for about 7 years, how far off on that number am I???
I only make one million bazilllion, but youre close.
|
| Posted 9/18/06 9:30 PM |
| |
|
MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
|
Re: just curious...income related
Posted by PrincessP
Posted by Redhead
ok....was this per family?
or per person?
I think my question created a whirlwind effect. Me..... I was looking for individual and I got alot of household income answers. Which I divided to get my answer.
I dont think anyoneone keeps stats on that - its always household - i guess because many SAHM's, 20 year olds that dont work, etc would skew the figures???
|
| Posted 9/18/06 9:31 PM |
| |
|
nov04libride
big brother <3
Member since 5/05 14672 total posts
Name:
Me
|
Re: just curious...income related
It seems to me that many people on LI that I know have salaries that they can underreport.
|
| Posted 9/18/06 9:31 PM |
| |
|
Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
|
Re: just curious...income related
Posted by Meaghan729
Posted by Redhead
ok....was this per family?
or per person?
the OP asked per person...but I have no idea, couldnt fathom a guess -so I searched and all i could find was household income so i posted it. - if the median household income is $75K - i would think the median per individual would be about $50K - but Im just guessing.
yea...i would def think per person...abou 50K
is an average
|
| Posted 9/18/06 9:31 PM |
| |
|
PrincessP
Big sister!!!!!!!!!!
Member since 12/05 17450 total posts
Name:
|
Re: just curious...income related
Posted by Meaghan729
Posted by PrincessP
Posted by Redhead
ok....was this per family?
or per person?
I think my question created a whirlwind effect. Me..... I was looking for individual and I got alot of household income answers. Which I divided to get my answer.
I dont think anyoneone keeps stats on that - its always household - i guess because many SAHM's, 20 year olds that dont work, etc would skew the figures???
Then the figures are probably skewed regardless bc it is undetermined if household means 1 person working and the other SAHM vs 2 working people...no? Then my avg income for 1 person can be 75k or it could be 35k
|
| Posted 9/18/06 9:33 PM |
| |
|
MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
|
Re: just curious...income related
Posted by PrincessP
Posted by Meaghan729
Posted by PrincessP
Posted by Redhead
ok....was this per family?
or per person?
I think my question created a whirlwind effect. Me..... I was looking for individual and I got alot of household income answers. Which I divided to get my answer.
I dont think anyoneone keeps stats on that - its always household - i guess because many SAHM's, 20 year olds that dont work, etc would skew the figures???
Then the figures are probably skewed regardless bc it is undetermined if household means 1 person working and the other SAHM vs 2 working people...no? Then my avg income for 1 person can be 75k or it could be 35k
well thats why they do it household income - someone has to be making $$ to afford rent/mortgage/utilities, etc.
and it depends - are you saying the average income for people over 18? counting people who dont work?
im just saying i think that they do household income bc tracking individuals is too hard!
|
| Posted 9/18/06 9:35 PM |
| |
|
PrincessP
Big sister!!!!!!!!!!
Member since 12/05 17450 total posts
Name:
|
Re: just curious...income related
Posted by Meaghan729
Posted by PrincessP
Posted by Meaghan729
Posted by PrincessP
Posted by Redhead
ok....was this per family?
or per person?
I think my question created a whirlwind effect. Me..... I was looking for individual and I got alot of household income answers. Which I divided to get my answer.
I dont think anyoneone keeps stats on that - its always household - i guess because many SAHM's, 20 year olds that dont work, etc would skew the figures???
Then the figures are probably skewed regardless bc it is undetermined if household means 1 person working and the other SAHM vs 2 working people...no? Then my avg income for 1 person can be 75k or it could be 35k
well thats why they do it household income - someone has to be making $$ to afford rent/mortgage/utilities, etc.
and it depends - are you saying the average income for people over 18? counting people who dont work?
im just saying i think that they do household income bc tracking individuals is too hard!
Gotcha...that makes sense.
|
| Posted 9/18/06 9:37 PM |
| |
|
MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
|
Re: just curious...income related
Posted by PrincessP
Posted by Meaghan729
Posted by PrincessP
Posted by Meaghan729
Posted by PrincessP
Posted by Redhead
ok....was this per family?
or per person?
I think my question created a whirlwind effect. Me..... I was looking for individual and I got alot of household income answers. Which I divided to get my answer.
I dont think anyoneone keeps stats on that - its always household - i guess because many SAHM's, 20 year olds that dont work, etc would skew the figures???
Then the figures are probably skewed regardless bc it is undetermined if household means 1 person working and the other SAHM vs 2 working people...no? Then my avg income for 1 person can be 75k or it could be 35k
well thats why they do it household income - someone has to be making $$ to afford rent/mortgage/utilities, etc.
and it depends - are you saying the average income for people over 18? counting people who dont work?
im just saying i think that they do household income bc tracking individuals is too hard!
Gotcha...that makes sense.
 i'll try to find some stats on individuals, but im an expert googler and i cant seem to find them!
|
| Posted 9/18/06 9:38 PM |
| |
|
