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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (26306)	10/24/2025 1:42:22 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26388

Maybe. Remember that a good percentage of total taxes are paid by people in those locations so there is some circular inflation cycling since the more you make the more you are taxed and thus the more you need to be enticed to work... sort of like Musk wanting 25% of Tesla to do extra work. Median income averages a TON of people who don't work either due to retirement, having a high income spouse that makes it affordable to stay home and raise a bunch of kids, or loads of people working under the table for much of their wages or not reporting income. There are many here legally who do a lot of work and then don't report the income. Contractors love to get cash and will offer discounts as I believe it saves both sides of the payroll tax if they pay cash to their workers to do "overtime" on weekends, etc... Also, I'm not sure why Beverly Hills is almost half that of Los Altos, CA... Household 250,001 USD (2023) •Individual 127,129 USD (2023) Also, ask the AI what is the HOUSEHOLD median income. Finally, salaries here have soared due to competition to get top AI people I think. Hard to say but I'm pretty sure those 2023 numbers are way too low for 2025

To: ajtj99 who wrote (26306)	10/24/2025 1:55:02 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26388

BTW, great topic! I could be wrong, but it is possible that $184.5k/year may be middle income for Silicon Valley, SFO, Palm Beach, FL, and Manhattan, but probably not just about every other place in the US. I found this en.wikipedia.org Top 20% of household incomes in the US in 2021 was $149,100 Go to my total inflation table since 2021 at Kirk's Market Thoughts: Social Security COLA for 2026 and you add another 24.7%.... to 1.247x$149,100=$185,928 and I postulate that is pretty close to median household incomes in expensive cities with good jobs nearby. It would not surprise me to find these locations in the top 20% pay over 50% of total taxes.