What is considered to be a "high income" in America?
 

If I make, say $5000 / month, is that a high or a low income?

Average, probably.

You'll know if you're "High Income" by the around of taxes you're forced to pay.

The richer you become the less you pay :thumbsup

I would call that middle class.

Really depends on where you live. You make 5k/month and live in rural south you would be considered well off. You live in southern California and make 5k/month you're middle class.

Really? It´s the opposite here in europe - the more you make the more you have to pay..:(

average, maybe slightly above

YEah, but you cannot write off a hummer as a "Business Expense" and get money back from the GOVT for it like you can in the GOOD OLD US OF A...

Rich People can afford it, poor-middle class people cannot :)

well 5k a month, you really cant say thats good or bad. it depends on where you live . if you live in NYC then its just ok. if you live in Montana then your a King LOL

It depends where you live. New York, San Fran or Hong Kong? You're poor, almost homeless. Missouri, Oklahoma, New Brunswick... you can live like a king.

I say $3,857mo. and you might not make it

bunch of you have very little clue...but thats normal.

Gross or net? Rent or own? Car payments? Child support? I know people make $250k a year who don't have dime to their name because of debt.

a trailer with a gold plated ball for towing

I will make it to that level one day:)

Hell yeah...if you make that much up here, you're REALLY sitting pretty.

You are considered to have a high income in America if you have any type of "yard" in California that is larger than 4 square foot.

woot! I'm rich! Mine's 450 sq ft!

Happy I own a 3 br condo in san diego....

only if you live in a big city
here in my town, a little over 100k people, you can get a 4/2 home with a huge yard for $150k

Wow you have 450 sq ft of grass(as in the nonsmokeable kind) in Cali?

5k in new york won't mean much if you have to pay 2k a month in rent

I think 5k / month is an average income... Only thing is I bet 75% of the people on this board dont make that

Who said anything about grass? You have to cut that shit...I've got brick....A nice big patio. No fuss, no muss. All I have to do is spray it down every couple of days.

/me misses his 3 acres in Neb....

census.gov
Average income per household in the USA in 1999: $3499.50 / month

maybe $3500 - $3600 now

5 yr old data... probably closer to $4k now

no. Usually such numbers increase about 2-3% a year.

Only 5% of the population makes over 85k

and that would be around 4k... dont forget that you get 2-3% every year, meaning the raise is bigger every year

Where are you???

http://www.census.gov/statab/ranks/rank27.html

5k a month x 12 months = 60k a year. you'll see by the census chart that that's above average for every single state in the US (2002 anyways) and in some states that's double. You'd be doing nice in my neck of the woods, just as long as you aren't up to your eyeballs in debt.

you are right :thumbsup

to come back to your question .. it would be a high income :thumbsup

26,665

Thats the average yearly income in my state. LOL I almost make that per month.