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Politics : President Barack Obama
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To: Tenchusatsu who wrote (122394)10/3/2012 1:48:07 PM
From: Wharf Rat  Read Replies (1) of 149317
 
Nope; I live in Mendocino County, where my daughter bought 2500 feet of house on 7 acres for $400K.

Most people tend to think of themselves as middle class unless they're (billionaire investor) Warren Buffett or really poor," said J.D. Foster, an economist and senior fellow at the Heritage Foundation, a conservative think tank. Foster regards the upper 20 percent of earners as "upper income" and the lower 20 percent as "lower income." He regards the 60 percent in the middle as middle class, with household incomes roughly between $25,000 and $100,000.

Median household income in the United States was $52,175 in 2008, according to the U.S. Census Bureau.
reuters.com

Real Median Household Income in California 2011 1 Year Change 3 Year Change
US $50,502 -2.18% -7.08%
California $57,287 -3.77% -10.13%

deptofnumbers.com
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