How much money do you have to be making to be considered low income? What about high income? I can't find this anywhere so any help would be appreciated.
2007-08-10 11:43:52 · 2 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
I am wondering about Colorado standards.
2007-08-10 12:11:12 · update #1
Low income is being unable to pay for the overhead that you've created.
High income is having enough to travel when ever asked, or when the mood hits while also covering your overhead that you've created.
It's all relative my friend
2007-08-10 11:59:20 · answer #1 · answered by stinkycheezface 2 · 0⤊ 0⤋
It varies by geographical location because one income may buy a house in a place ( say Ohio ) but not even come close in another (say California) .
In the SF bay area , under $50K would be a problem unless your spouse had an equal or better income . In Ohio , $50K would be middle income .
Where are you asking about ?
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2007-08-10 11:55:12 · answer #2 · answered by kate 7 · 0⤊ 0⤋