Hacker News new | ask | show | jobs
by missedthecue 1897 days ago
In Bessemer Alabama, where the union effort recently was voted down by the employees, the median annual income is $19,000 and Zillow is full of houses selling for $110k.

$31.5k is a middle class income there and certainly not poverty level.

1 comments

The US poverty line for a family of 4 is 26,xxx. 4-5k above poverty level is not middle class: you are still poor. It isn't like that 5k a year - $416 before taxes - puts you in middle class. You are still getting free lunch, for example. You still qualify for SNAP.

House prices aren't telling you anything: Poor folks have trouble saving up for a down payment and have more issues keeping credit good enough for a house, due to lack of funds to pay things. House prices matter little if you can't actually qualify to buy them.