Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
You're kidding, right? The median household income in NYC (1999) was under $40,000 (actually %3191 per month). (source)

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Fri Apr 28th, 2006 at 03:53:19 PM EST
[ Parent ]
No, I am not kidding. Note that I was speaking of a family of four, not a 'household' and today, not 1999. I can't find current figures broken down by family size for the city, but in 2004, in 2004 dollars, median family of four income in New York state was $67,564, in New Jersey it was $88,401, in Connecticut $88,276. census figures  So yes, I was off - 8,000 Euros is between a 1.3 and 1.9 median family of four income in the New York area, though searching more shows that in some cases families with up to 150% of local median size adjusted household income qualify for 'moderate income' status housing.  In any case I stand by the statement that it is absurd to consider 8,000 euros a month to be 'mega rich'. It's not even plain 'rich' around here, just standard upper middle class, which is nice but not quite the same thing.
by MarekNYC on Fri Apr 28th, 2006 at 04:31:29 PM EST
[ Parent ]
I wonder what the PPP conversion would be between Stockholm and NYC.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Apr 28th, 2006 at 04:39:01 PM EST
[ Parent ]


Top Diaries

Occasional Series