Is it true that average American salary is 55k ?
The reason I ask is I see 300-500k TCs here and people don’t seem to be as happy.
I feel I’m missing something. Are those Americans happy coz they already own home ?
Or is it that being a citizen you feel more “at home” and happier.
Maybe they don’t know what others are making so they are content due to ignorance ?
Can someone (ideally from Trump camp) enlighten me
Is it true that average American salary is 55k ?
- Most Americans actually aren’t happy. If you look at surveys you’ll see there’s an alarming number of Americans either living paycheck to paycheck or are chronically in debt. Studies have shown being in a constant state of financial insecurity can be devastating for our mental health.
You see people with high TC and unhappy here because there are a lot of insecure incels on Blind and Blind itself can function as a negativity echo chamber. They’re unhappy for different reasons.
- Amazon snostreblALooking at salary without taking cost of living into account is just silly. The only places you get those 300-500k salaries are the ones where buying a decent sized residence costs over a million and daycare for one kid is 2000/month.
But also, comparing everyone to the national average is ridiculous. You have to control for the field you work in and educational attainment and many other variables to see if you're over/under paid relative to your "peers".
- Bringing up CoL to compare oneself to the average joe in the US making 50k is one of the shittiest takes I see on Blind over and over and over again.
Unless you’re a straight up personal finance jackass (granted a lot of dudes on Blind are) you’ll still be pocketing way more cash making 150k in the Bay Area than anyone else making 55k living anywhere in the US.
Working in the Bay doesn’t mean you’re entitled to buy a house there. At the end of the day someone making bank in the Bay will have way more cash saved up to buy a house wherever they’re able to. They have wayyyy more financial freedom than 99% of America.
We’re also comparing income of kids in their 20s to the median working age in the US.
The constant entitlement I see on Blind is gross as fuck.Jul 7 6
- No it can't. I have a friend who works for a hedge fund - goes to work at 7 in the morning and comes back 9 in the evening. Makes a ton of money, but I won't call that freedom. You could argue that he might be able to retire early, but what's the point of that after losing the best years of your life?
- As Op requested, I’m in the Trump camp. I support Trump and look forward to his 2020 re-election. I grew up poor, come from a shattered family, and I’ve struggled my entire life. I’ve been discriminated against, treated unfairly, and been in trouble with the law. I’ve had a helluva a ride, but now I make ~$40k per month (base comp). One thing I’ve noticed is there’s a world outside of major cities, and that most city folk don’t have a clue what it’s like outside of those metro areas. They read about it and hear about it on CNN, MSNBC, but in reality they’re clueless; they live in their own bubble.
After my mom got her life together she made about $34,000 per year, and she lived a decent life since then. She’d be ecstatic if she made $55,000. In most non-metro areas, cost of living is much lower. For example, in middle America, there’s no way people would pay $16+ for a sandwich, like people do in SF.
Most of America are conservative or conservative-oriented, and they have a better sense of value and appreciation than others do; family, community, morals, country, pride. Since metro areas make up a very small percentage of area, most of America is conservative.
If you truly want to understand how most of America only makes $55k annually on average, try traveling across the US, and visiting the Real America. Get outside your bubble, and see the rest of the world; the rest of the US.
Liberals, leftists and anyone else suffering from Trump Derangement Syndrome: Don’t @ me.
- It’s pretty patronizing to suggest that American cities are not real America. Most people live in or near them. That is real America, the minority living in the past in rural America are not, and indeed they have their lives subsidized and supported by those living in the citiesJul 6 6
- Activision Blizzard / Design MetzenThey’re killing themselves with opioids because of some horrific profiteering from the Sackler family. Enjoy going down that rabbit hole. Truly tragic.
American cities do have a lot of transients, and 1st generation Americans. So I can see them being “less American.” For sure they’re less nationalistic (or putting “America first” over other countries)
Trump appeals to them for his protectionist, nationalistic policies. Aka saving miner jobs that Silicon Valley rolls their eyes with “but innovation, but technology, but it’s like horses in the 1800s.”
- Google Trump 1793https://en.m.wikipedia.org/wiki/Hedonic_treadmill
Most people get trapped in a loop of: get money -> buy expensive things -> be happy about them for a while -> eventually it wears off -> want to buy more expensive things -> need to get more money (+ stress) -> repeat.
Learn to be satisfied with very little and you can easily achieve lifelong happiness. (And also be financially independent at 40 or sooner.)
People who can escape from this loop are rare, and probably most of them aren't on Blind.
- SAP theNewNewIn Waco Texas you can buy a house for $25k, fill up your grocery bag for $20 and have your kids in school for very little money. If two people make $55k each in a household, they’d be very comfortable.
The U.S. is rather large. Talking avrg. Income is like talking average income in Europe,, but the pay difference between London and an Eastern European village is hard to compare.
- SAP 10charsmaxThis is BS.
You cannot buy a house in Waco for $25k. Reasonable houses start at about $150k.
Groceries are slightly cheaper than in DFW but not in multiples. I’d say you could pay about $30 for the same groceries in DFW. Groceries are mostly about what and where you shop.
55k/household is not gonna get you a comfortable life in Waco. You can sure get by but forget about retirement at a reasonable age.Jul 5 6
- Adobe richterWhen you graduate, you're happy making a pittance since it doesn't seem to matter as long as you have similarly optimistic like-minded people around you, and you think that state will last forever. Then one by one, those people fade from your life and hop onto the rat race, until one day you find yourself alone and are forced to hop on yourself, but then all you're left with is the reward the treadmill gives you, and somehow it's never good enough.Jul 5 34
- Amazon asdfjkl9None of this has to do with political preference. Assuming all trump supporters have low TC is like making an assumption based on someone’s race. Correlation does not equal causation
Trump supporter TC 537
- If you think “socialism” is what the other side is offering then you need to do some research about what socialism actually is.
What they are suggesting is what is being used in almost every other first world country and it works pretty well. When I visit the US and see the number of homeless and poor, and the amount of crime and violence, and the disparity between rich and poor, I really wonder if it’s a first world country at all.
It’s about time people like you start thinking about their fellow countrymen rather than only concerning themselves about what is going to get them a few more bucks out of their already insanely high wage.
The real slogan for America should be “every man for themselves”.Jul 6 16
- Maybe building a whole society on the economic foundation of the displacement and slaughter of tens of millions of indigenous people and the enslavement of millions of Africans without ever reckoning with the enormity of those crimes was always going to create a bad culture.
- Intel knPl06If Trump loses it could cause the recession to come crashing down, a lot of people will lose jobs, property values plunge, etc. and that may be worse for tech immigrants compared with a Dem. The wealthy control the economy, period.
And homeless, health care issues will not change in CA no matter who's President, there's no advantage.
- Most people who claim 500k salaries are lying here. Don’t get worked up about it
- Microsoft swimmaPeople in Africa are found often most happiest. Ironically advanced life and knowing more is not proportional to our happiness. Technology for sure made our lives connected and comfortable. However, now we are exposed to more information than we need. We compare ourselves to others, we can easily know what I am missing compare to others.
Then stress kick in. Irony
- Not a Trump supporter myself but Girlfriend’s family is mostly MAGA! First, it’s not the average but the median. So half the families make less than 60k. As others correctly pointed out 60k goes far outside of coastal cities - unless you develop health issues. Then you’re totally fucked.
What I’ve noticed is that conservatives are more family and community oriented, just like ordinary Indians (and I presume other eastern cultures like China). People help each other out. When they need a tool for household work, they don’t order it on Amazon, a neighbor lends it to them. Another neighbor who is a mechanic fixes their old car for free that seems to break down every now and then. And in return they’ll watch his dogs on vacation.
As immigrants we don’t have deep roots, so our lives revolve around TC and tech jobs. Recently I read a study that says exercise makes you happier than money once your basic needs are covered. I often wonder if we’re living life “wrong”.
None of this applies universally. Met a guy the other day who is divorced, doesn’t talk to his kids very much, does contract construction work, and spends time on his boat. Fishes a lot for reduced food expense. He lives with pride, flies a Trump 2020 flag on the boat, and smiles a lot, but I’m sure he is broken inside.
- I don't want to detract from everything you've said, but I have first hand experience with the working class "conservative" America, and what you're describing is a picturesque farce of reality--and they all want you to believe that shit too. I grew up in the rural South East US. Sure, your neighbor will recognize you and wave to you and be generally friendly... But fix your car for free... you're dreaming. They will pray to the Lord that God will deliver you from your tribulation, and might help you drive to the store here and there... But don't make it a habit because they are spreading your name around town as a lazy freeloader. Charity is a form of embarrassment. Borrow a tool? Sure, but you bet they are keeping a mental tally every time you ask, and talking shit behind your back that you aren't keeping a proper household because you don't even have XXX tool for yourself. I guess they'll watch your dogs, but my dad lives on the beach in South Florida (not conservative) and his gay neighbor watches his dogs too, so is that a real indictment of the "conservative" crowd? No. The "Right" likes to exude piety and family values but they are generally fucking terrible. Look at all the Christians turning a blind eye at the children on the southern border. I got out of that backstabbing shit hole decades ago and now I make 6 figures TC and actually care about my fellow man.Jul 5 8
- ^ Well said. My experience is with midwest, so only mildly conservative. And I’ve always wondered if there was a catch about the whole being nice and community/church minded thing. Thank you for sharing your more nuanced experience.
At the same time people here feel less fake than large coastal cities. Its actually possible to have a real conversation with perfect strangers, because they are sort of unfiltered. All you have to say is “I love America and your freedom/values” and you’ve won them over instantly. They might believe in generic stereotypes about my ethnicity or country of origin, but I would become “one of the good ones” and they would treat me well with respect.
This experience taught me that I shouldn’t assume every conservative would be nasty towards me and every liberal nice by default. Rather see their individualities, and decide on a case-by-case basis whether I like them or not.
- "people here feel less fake" is their greatest ruse. Mind you, it's not personal and they aren't even aware they are doing it. It's cultural. Rural Americans are experts at superficial hospitality. For example, if they think you're an idiot, they won't call you stupid, they'll just nod and say "well... bless your heart." Tell them you'd never kneel in protest during the anthem at a football game and they'll pat you on the back and buy you a beer and tell their friends you're not like "the others" that Fox news told them about. I'm here to tell you that it's all a cultural farce. It won't last, and if you lived in town for more than 6 months they wouldn't be happy about it and the cracks would show in the facade. I'd rather deal with an asshole from a "coastal city" who is nonetheless honest and wears his honesty on his sleeve than to put up with superficial niceties that belie a person's true feelings and motives.
- On Blind, there are two kinds of people - ones that are happy and ones that won't be happy no matter how much they make.
Personally, I think I'm one of the most fortunate people on the planet - born to wonderful parents, have a wonderful woman, work for a company with great benefits, make more than I dreamed I'd ever make and will retire in my mid-late 30s. I'm thankful everyday. This gratitude has resulted in sustained contentment on most days with spurts of euphoric happiness for specific events as the case may be. Only specific negative events make me sad. For instance, the one time recently when I felt sad was when someone close to me passed away. That was horrible. In general though, I'm happy most of the time. I hope the rest of the people on this app find that kind of contentment. I feel fortunate that I'm not them.
- Tell me how to get an apartment without roommates in the Bay Area on $70k with a reasonable public transportation commute into SF, and I’ll buy that.
I know you’re referring to a study that said happiness doesn’t increase beyond $75k, but, that study is old (the newer studies are saying $105k, which is about the same amount adjusted for inflation), and they don’t take into account the cost of living in tech hubs.
Personally, I’m only really starting to feel comfortable with my salary now that I’ve hit a TC of $200k, because of Bay Area prices.Jul 5 8
- I live in Florida. Make $125k, have a nice house and 2 cars. Wife still loves me. Life is good.
- Yahoo bilooI live in Fremont. I make 300k and my wife makes 300k. I am Indian. My wife loves me my kids love me. My parents love me. My cousins love me. My village back in India love me and adore me. I celebrate my sons birthday either in Hawaii or India. We can absolutely buy anything we want. Oh I drive a Mercedes GLC my wife a Tesla.Jul 8 1
- Most of what makes people happy is security, time, and healthy social relationships.
In the hypercapitalist USA, everything from healthcare to education to housing is a commodity in a market, there is very little security until you manage to earn something like $70k+. Up to that point, increased income is highly correlated with a strong increase in happiness, because it protects you from eviction, loss of health instance, and the million other hazards of being poor.
Beyond that point, marginal happiness gains from extra income drops off very quickly. I think a lot of this is because the engine of capitalism is overconsumption and overproduction. This means that everyone - especially high earners - is pressured to work long hours, and prioritize consumption. Unfortunately, buying shit is the junk food of happiness, and working longer hours consumes the time you could otherwise use to pursue passions and build healthy relationships with friends and family.
But that’s okay, because there’s not a consequence of overwork and social alienation that can’t be solved with... a new product or service!
Housing too expensive? Rent out a spare room on AirBnb! Have some old friendships that aren’t bringing you income? Monetize them with a MLM scheme! Stressed and overworked and can’t afford therapy? There’s a mindfulness app for that! Don’t have time to cook your food? GrubHub ftw! Have a toilet you don’t use during the day? Rent it out on the new peer to peer app, ShitR!
The possibilities for innovation are endless!
- I think you’re right except about the happiness dropping off. In America, due to having no social safety net, you’re always at the risk of some kind of disaster wiping you out unless you’re mega wealthy.
As such, there is no limit to the amount money hoarding people will do. You can earn 500k a year and still not think it’s enough because you’re still just one disaster away from being completely fucked.
That drives the general attitude that you can never have enough so that even people that have way more than enough have no shame in doing whatever it takes to have even more.
It’s a broken system. People living in other parts of the world with much less live far happier lives.Jul 6 7
- Good point! Hadn’t thought about how the material reality of needing to hoard to maintain security can drive the attitude of never having enough. I definitely know people who would never be especially greedy types in a rational economic system but who’ve become wrapped up in personal finance hacks and wealth accumulation just because it’s the rational thing to do as an individual. Gotta think that meeting human needs first and relegating wealth building to the margins of one’s life would make for much happier people.
- This is FAKE NEWS. The US economy is the strongest it’s ever been, with jobs soaring. Americans are happy and cared for, the manufacturing jobs are coming back, and working class is WINNING more than ever. Americans are so happy, so many things to be grateful for, a president who FIGHTS for them, great stock market, the safest national security. Once we seal the border, there will be nothing but WINNING for the American people 🇺🇸🇺🇸🇺🇸
- Facebook sev5Most Americans don’t own stocks, so the market going up is poor consolation. So many Americans have died from opiate overdoses and suicides in the past 3 years that the avg life expectancy has gone down.
Trump the candidate understood that. He was all about how gdp and unemployment were flawed metrics. Trump the president suddenly switched sides. Now GDP is all that matters.
- The US is too diverse to use average incomes to compare how you are doing financially or to compare quality of life with your income. I live in the Midwest, work as a software developer, and don’t make close to some very high TC I see some who post in the Bay Area. However, I’m living very comfortably with a low cost of living and relatively high income for my area. I also have great work/life balance. Sure I’m not making 300k-500k a year, but I have a great life and don’t regret it.
- Money brings comfort, after a while these comforts become old and you won't be content. Cycle repeats. Keeping realistic goals, simple life with good relationships/family brings happiness.