Note: gazillion is a technical term, which in this case means something less than a million and more than
the average median income in my state.
Not exact matches
New Mexico has the seventh - lowest total tax bill, on
average,
in the U.S. Property and
income taxes paid are among the lowest of all
states — due,
in large part, to a low
median income and a low
median home value
in the
state.
Based on the
median income of $ 66,149, the
average Virginian will be able to save $ 1,102 per year, so $ 1 million
in savings will last nearly 17.5 years
in the
state.
Even though the cost of living is slightly higher
in Massachusetts, the
state has a higher
median income and a higher
average savings APY of 1.16 %, so savings will grow at a higher rate
in Massachusetts, making the $ 1 million last longer.
Even though the cost of living is relatively high
in Delaware, the
state also has an above -
average median income of $ 61,017 and a higher
average savings APY of 0.73 %.
To determine how long a million will last, GOBankingRates calculated how much a million - dollar windfall would grow over time, assuming a 20 percent deposit
in savings based on the annual
median income and the
average savings account annual percentage yield (APY) for each
state.
FitzPatrick's 615 employees make an
average of $ 119,000
in salary and benefits
in a county with below -
average median income and the highest unemployment rate
in the
state.
Montgomery County officials told the audience that the
median household
income of $ 42,830 is below the
state average and the lowest of the counties
in contention for a gaming hall.
Five percent of the development will be priced for tenants making 60 percent of the area
median income, a federally - set
average of yearly wages
in all of New York City and the
state's surrounding suburbs, which currently sits at $ 65,000.
The law places no limits on recipients» household
incomes (i.e., it's not «means - tested» for low -
income families), and
in fact the
average adjusted gross
income of recipient families was $ 51,923, slightly higher than the
state's 2012
median income.
There's probably no single measure that really captures that information, but a good first step might be comparing
average teacher salaries to the
median household
income in each
state.
It expresses the
average teacher salary
in each
state (as collected by the NCES for 2012 - 2013) as a fraction of that
state's
median household
income (as of 2012).
Meanwhile
in the United
States the
median household
income in the US is $ 52k per year and the
average indie author from the USA earns less than $ 100 over the lifetime of their book.
* Based on the
average cost of care for one child
in relation to the
state median family
income among households with children
To put car insurance costs
in context, we calculated the percent of each
state's annual
median household
income that's spent on car insurance, using
average car insurance rates by
state.
The
median household
income in the
state of Alabama is $ 34,135 while the
average household
income in the
state is $ 1,737,385.
As a result, the estimated
median household
income in 2015 was less than half the
state average.
Farmington Hills insurance quotes may be slightly more than the
state average, due to the higher
median income and home values
in the area.
Although the
median income in Butler is higher than the New Jersey
average, the
median age is slightly lower than the
state average.
Despite evidence of the positive impact of high - quality early childhood education for all children, it remains out of reach for most low - and moderate -
income families.15 The
average price of center - based care
in the United
States accounts for nearly 30 percent of the
median family
income, and only 10 percent of child care programs are considered high quality.16 Publicly funded programs — such as Head Start, Early Head Start, child care, and
state pre-K programs — are primarily targeted at low -
income families, but limited funding for these programs severely hinders access.17 This lack of access to high - quality early childhood education perpetuates the achievement gap, evidenced by the fact that only 48 percent of low -
income children are ready for kindergarten, compared with 75 percent of moderate - or high -
income children.18
With a
median home value of $ 133,100, the
average home
in the Hawkeye
State costs 2.5 times the
median income.
The
average household would need annual
income of $ 111,260 to qualify for a fixed - rate mortgage for the
median - priced home
in the
state, according to the California Association of Realtors.
ATTOM crunched
average weekly
income for dozens of communities
in the
state compared to the
median purchase price and monthly rent, and found waiting to buy may be wise, at least from a purely financial perspective.
Methodology: GOBankingRates surveyed all 50
states, analyzing eight data points that served as determining factors
in the ranking: (1)
median household
income, sourced from the Census Bureau
in 2015 dollars; (2)
median home listing price as of June 2017, sourced from Zillow; (3) food spending, using the grocery index sourced from Missouri Economic Research and Information Center and multiplying it against the
average amount spent on food from the BLS consumer spending survey from July 2015 - July 2016; (4) employee health insurance premium contribution, sourced from the Commonwealth Fund; (5) annual child care costs for an infant and a 4 - year - old, sourced from Child Care Aware of America; (6) whether the
state offers paid time - off for family leave; (7) whether the
state has expanded the earned -
income Tax Credit at the
state level; (8) whether the
state expanded Medicaid coverage as part of the Affordable Care Act.
North Carolina is pulled down
in the rankings because it has the 10th - lowest
median household
income in the U.S.. On top of that, the
average home list price is higher here than
in about half of all
states.