Hi i was wondering what is a great income in the united states , if a person wants to live a great life..not good..GREAT? what is a yearly great income?
2007-09-02 05:58:02 · 9 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Well, that all depends upon what you consider GREAT. Different people have different opinions on that. I personally know people that are happy on $50,000 a year. I also know people that aren't so happy making $200,000. In my opinion, in most of the country, a person can do most of what they want and own a nice home on $175,000 to $200,000 a year.
2007-09-02 12:22:44 · answer #1 · answered by NGC6205 7 · 1⤊ 1⤋
Depends what part of the United States you live in. East or West coast you would need $250,000 + to live Great, that is of course AFTER you have purchased a home, and on the inner states like the mid-west you would probably only need about $150,000 + to live great.
2007-09-02 13:04:12 · answer #2 · answered by krystal k 2 · 0⤊ 0⤋
You can do it with no income at all, if you have a pocketful of credit cards.
If you're talking about sustainability, any income that's greater than your expenditures is a great income that will lead you to long term financial security.
2007-09-02 13:03:00 · answer #3 · answered by open4one 7 · 0⤊ 0⤋
I think a good combined income for the family is 150,000 /year, of course, this number increases with multiple children and or paying for college, but its a very comfortable amount that can easily fit in vacations and such.
2007-09-02 13:05:07 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Enough to pay the bills and save some, with still enough to enjoy life, that's great.
2007-09-02 13:02:23 · answer #5 · answered by Brandy B 3 · 0⤊ 0⤋
$150,000+ is an excellent income... Money doesn't always buy happiness though.
2007-09-02 13:02:23 · answer #6 · answered by Jason 6 · 0⤊ 0⤋
250,000 a year maybe? LOL, it depends on where in the US you would want to live!
2007-09-02 13:02:47 · answer #7 · answered by Anon 2 · 0⤊ 0⤋
depends on where you live?
Usually 100K and up is sufficient.
2007-09-02 13:03:52 · answer #8 · answered by David 1 · 0⤊ 0⤋
Well, If you can top Bill gates, welcome to it. <}:-})
2007-09-02 13:04:16 · answer #9 · answered by Anonymous · 0⤊ 0⤋