As someone who lives in Portland and makes that amount, I can tell you that you cannot live in the city on that paycheck and consider yourself “middle class.”
I make about double that as a single person in Portland and cannot comprehend how anyone buys a home here. I still live in 400 sq ft apt because I can’t bring myself to pay any more for rent and can’t ever seem to sock enough money away for the ever inflating housing market to actually buy a home. All while my parents ask you’re almost 40 why don’t you own a house yet. Because when you were my age making 50k each you could buy a 100k home. Even if I had a partner making 100k, there are no 200k houses to buy. Best you can get is around 400k with plenty of compromises and I just can’t swing paying a mortgage that is more than double my rent plus all the utilities that are currently lumped into my rent.
So yeah idk how 58k can be Oregon middle class when you cannot afford a house on that with any fincial safety.
Yeah the data is wrong. Live in Oklahoma combine me and my wife our income probably more than that and we are poor. And we live in a small town, that simi affordable to live in.
As someone who lives in Portland and makes that amount, I can tell you that you cannot live in the city on that paycheck and consider yourself “middle class.”
I make about double that as a single person in Portland and cannot comprehend how anyone buys a home here. I still live in 400 sq ft apt because I can’t bring myself to pay any more for rent and can’t ever seem to sock enough money away for the ever inflating housing market to actually buy a home. All while my parents ask you’re almost 40 why don’t you own a house yet. Because when you were my age making 50k each you could buy a 100k home. Even if I had a partner making 100k, there are no 200k houses to buy. Best you can get is around 400k with plenty of compromises and I just can’t swing paying a mortgage that is more than double my rent plus all the utilities that are currently lumped into my rent.
So yeah idk how 58k can be Oregon middle class when you cannot afford a house on that with any fincial safety.
Yeah the data is wrong. Live in Oklahoma combine me and my wife our income probably more than that and we are poor. And we live in a small town, that simi affordable to live in.
Doing this by state kinda makes it useless given that the real distinction is urban-rural.