Income taxes are lower, but FICA was 4 % on the first $ 4800 in 1960
when median family income was $ 5600.
Not exact matches
One measure is
median family income, which can easily grow
when the rich get richer and the poor get poorer.
The city, located just 10 miles west of Lake Charles, is vastly different
when it comes to housing prices,
median incomes and the number of other
families in the area.
When it comes to health insurance, many
median -
income families find themselves in a familiar predicament, in which they make too much to qualify for Medicaid but too little to be able to afford high premiums.
Median income for a family is about $ 40,000 annually, which is sufficient when the median rent is less than $ 1,000 mo
Median income for a
family is about $ 40,000 annually, which is sufficient
when the
median rent is less than $ 1,000 mo
median rent is less than $ 1,000 monthly.
For instance, some states such as New Jersey, New York and Louisiana have high insurance costs, especially
when measured against
median family income, yet their uninsured motorist rates were 12 percent or less at the time of the study.
Moreover,
when comparing
median net worth to
median earnings, home owning
families come out ahead: Using the Federal Reserve's numbers again, owners» net worth comes out to about two to three times their before - tax
income.
When the real estate market crashed in 2007 - 2008, monthly payments of principal and interest were nearing 25 percent of the U.S.
median family monthly
income.
The Fed survey found that the
median value of
family income,
when adjusted for inflation and before taxes, fell by 7.7 percent — from $ 49,600 in 2007 to $ 45,800 in 2010.