Asked By: Philip Price Date: created: Jan 12 2021

Why is rent so high in California

Answered By: Richard Brooks Date: created: Jan 14 2021

The median California home is priced nearly 2.5 times higher than the median national home, according to 2019 Census data.

The pandemic hasn’t cooled the housing market, either.

Demand has long exceeded supply of homes for sale in California, and that’s especially true now..

Asked By: Harry Garcia Date: created: May 25 2021

What is considered wealthy in California

Answered By: Bryan Johnson Date: created: May 26 2021

A Bay Area citizen now needs an average net worth of $3.8 million this year to be considered “wealthy,” compared to $4.5 million in 2020. The net worth it takes to be “financially happy” also came down in 2021, with an average of $1.8 million as opposed to $2.1 million in 2020.

Asked By: George Perez Date: created: Jun 25 2021

How much is 120k after taxes in California

Answered By: Hunter Rodriguez Date: created: Jun 26 2021

If you make $120,000 a year living in the region of California, USA, you will be taxed $39,076. That means that your net pay will be $80,924 per year, or $6,744 per month. Your average tax rate is 32.6% and your marginal tax rate is 42.9%.

Asked By: Cameron Watson Date: created: May 31 2021

Is making 100K a year good in California

Answered By: William Scott Date: created: Jun 03 2021

Yes. You can live comfortably on $100,000 almost anywhere in California. The only place where it would be a concern is in the city of San Francisco and in Silicon Valley. You might not live in the very best neighborhoods of Los Angeles County, but you can live somewhere perfectly lovely.

Asked By: Alan Cooper Date: created: Nov 02 2021

Is 110k a good salary in California

Answered By: Mason Ramirez Date: created: Nov 03 2021

Yes! 110k$ will get you a very decent life in Los Angeles. You can’t be extravagant with your lifestyle as almost 15-20% of your income will be exhausted in renting an apartment & associated costs (unless it is funded by your company!).

Asked By: Hayden Sanders Date: created: Feb 24 2021

Is $100000 a good salary in LA

Answered By: Oswald Sanders Date: created: Feb 24 2021

So many people in L.A. are house poor. Then you take into account a couple of cars, the higher insurance rates, etc. $100,000 is still a great salary.

Asked By: Alejandro Bailey Date: created: Jan 18 2021

What is a comfortable salary in LA

Answered By: Cameron White Date: created: Jan 18 2021

The website Gobankingrates.com jumped in and did the math for us in their piece, “How Much Money You Need to Live Comfortably in the 50 Biggest Cities”. They calculated an annual income of $74,371 was about right for the average person to live comfortably in Los Angeles.

Asked By: Jaden Perry Date: created: Apr 27 2021

What is the wealthiest city in Orange County

Answered By: Jayden Alexander Date: created: Apr 28 2021

Often identified as the richest city in the U.S. by the Census Bureau, Yorba Linda is a suburban town with a thriving job market….On the top of the list is Woodbridge, Orchard Hills and Northwood.San Clemente. … Aliso Viejo. … Seal Beach. … Mission Viejo. … Lake Forest.Jan 14, 2020

Asked By: Hayden Cook Date: created: Apr 22 2021

What is middle class income in LA

Answered By: Logan Kelly Date: created: Apr 23 2021

An annual income of between two and seven times the California Poverty Measure is considered middle class, Ms. Bohn said. Therefore, she estimates a middle class income in Los Angeles County for a family of four that rents a home to be between $65,030 and $227,605.

Asked By: Cameron Alexander Date: created: May 24 2021

Can you live in LA on 60000 a year

Answered By: Devin Young Date: created: May 27 2021

Sure, you could live there on $60K a year. But it’s all about how nice a place you require, what your recreational and social activities cost, etc.

Asked By: Lawrence Sanders Date: created: Jun 05 2021

What percentage of Americans make over 100k

Answered By: Philip James Date: created: Jun 06 2021

1,000,000 market and customer data sets….Percentage distribution of household income in the U.S. in 2019.Annual household income in U.S. dollarsPercentage of U.S. households75,000 to 99,99912.3%100,000 to 149,99915.5%150,000 to 199,9998.3%200,000 and over10.3%5 more rows•Jan 20, 2021

Asked By: Jackson Taylor Date: created: Aug 21 2021

Can you live in LA on 30000 a year

Answered By: Horace Peterson Date: created: Aug 22 2021

As a single person, it is still very possible for someone to live in California on $30-35k /yr. As a married person on single income, it may be a little more difficult. That person still has to take into account their other expenses, like if they have credit cards and loans to pay off.

Asked By: Joshua Martinez Date: created: Oct 26 2021

What is a livable salary in California

Answered By: Noah Taylor Date: created: Oct 29 2021

Living Wage Calculation for California1 ADULT2 ADULTS (1 WORKING)0 Children2 ChildrenLiving Wage$18.66$40.83Poverty Wage$6.13$12.60Minimum Wage$12.00$12.00

Asked By: Jordan Harris Date: created: May 06 2021

Can you live in LA on 40000 a year

Answered By: Carter Ramirez Date: created: May 06 2021

As others have said, you can live in LA on 40k a year. Plenty of people do. It will definitely help if you move to the right area and get some friendly roommates.

Asked By: Roger Edwards Date: created: May 10 2022

Is 200K a lot in California

Answered By: Philip Turner Date: created: May 13 2022

A single person making 200K is definitely very successful as I know most people make way less than that. Sometimes a couple together makes 200K and that’s considered good and can easily afford home, living expenses etc.

Asked By: Howard James Date: created: May 06 2021

What is considered poor in California

Answered By: Juan Jenkins Date: created: May 06 2021

According to official federal poverty statistics, 12.8% of Californians lacked enough resources—about $25,500 per year for a family of four—to meet basic needs in 2018. … This represents a modest decline from 13.3% in 2017 and is slightly above the lowest recent rate of 12.4% (in 2007).

Asked By: Jonathan Allen Date: created: Jul 17 2021

Is $24 an hour good

Answered By: Norman Ward Date: created: Jul 20 2021

Assuming all things equal, $24 per hour would be slightly above the median household income in the US. It depends on other factors, such as type of job, job location, country, cost of living, hours per week, commute, physical and mental demands, etc.

Asked By: Jake Howard Date: created: Jul 19 2021

What can 100K a year get you in California

Answered By: Charles Patterson Date: created: Jul 19 2021

If you make $100,000 a year living in the region of California, USA, you will be taxed $30,460. That means that your net pay will be $69,540 per year, or $5,795 per month. Your average tax rate is 30.5% and your marginal tax rate is 43.1%.

Asked By: Jose Rivera Date: created: Jan 18 2021

What is the highest paying jobs in California

Answered By: Harold Hall Date: created: Jan 19 2021

Detailed List Of Highest Paying Jobs In CaliforniaRankJob Title# Of People1Psychiatrists3,9702Obstetricians And Gynecologists1,4403Surgeons, Except Ophthalmologists4,7904Airline Pilots, Copilots, And Flight Engineers10,17086 more rows•Jun 7, 2021

Asked By: Evan Long Date: created: May 01 2022

Is 100000 a lot in California

Answered By: Jesse Williams Date: created: May 02 2022

But a new report shows that a yearly $100,000 income goes a lot further in some cities than others. … Eight of the cities are in California, and it likely comes as no shock to those who live in the Golden State that $100,000 doesn’t go too far.

Asked By: Tyler Rogers Date: created: Mar 29 2022

Can you live in LA on minimum wage

Answered By: Morgan Butler Date: created: Mar 30 2022

The minimum wage in Los Angeles is nearly unlivable, if not impossible to live upon. This breaks down the cost of living in Los Angeles versus the minimum wage.

Asked By: Miles Hayes Date: created: Mar 11 2022

Where is the cheapest rent in California

Answered By: Hunter Griffin Date: created: Mar 11 2022

7 cheapest places to live in California (that are actually cool)Eureka.Oxnard.Redlands.Chico.Temecula.Clovis.Vacaville.Aug 23, 2020

Asked By: Reginald Diaz Date: created: Sep 14 2021

Is La cheaper than NYC

Answered By: Thomas Brooks Date: created: Sep 14 2021

Los Angeles is cheaper than New York, both in terms of housing and overall cost of living. New York, especially Manhattan, consistently ranks as the most expensive city in the US, whereas LA, is usually #10 or higher, behind Boston, Washington DC, Seattle, and Honolulu, depending on the list. So, it’s not even close.

Asked By: Cameron Long Date: created: Dec 23 2021

Is 120k enough in California

Answered By: Malcolm Kelly Date: created: Dec 23 2021

Is 120k a good salary in California? Yes, if you don’t want to buy a house. And better in Northern CA, than in Los Angeles or San Diego.

Asked By: Isaiah Collins Date: created: May 02 2021

Can you live in LA with 100K

Answered By: Justin Griffin Date: created: May 03 2021

Yes. Most people who live in Santa Monica do not make 100K. If you want to live on Ocean Ave, rent going to be pricier and you might need a couple of roommates to stay under 100K if you want money for food and gas.

Asked By: Carlos Lewis Date: created: Sep 03 2021

What is middle class income in California

Answered By: Gavin Robinson Date: created: Sep 03 2021

US Household Income by TierLocationMiddle Income2Alaska$84,015.003Arizona$76,860.004Arkansas$76,569.005California$77,806.006 more rows

Asked By: Cole Baker Date: created: Apr 12 2022

What salary do I need to live in LA

Answered By: Hunter Torres Date: created: Apr 14 2022

$74,371 a yearUsing the 50-30-20 rule for personal budgeting (50 percent of income toward necessary costs like housing and food, 30 percent for “discretionary spending” like entertainment and going out, 20 percent for savings), an Angeleno needs to make $74,371 a year to live “comfortably” in Los Angeles, a study by finance site …

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