Home › Forums › Financial Markets/Economics › Average SD family 2000 vs 2010
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February 7, 2011 at 1:06 PM #664578February 7, 2011 at 1:12 PM #663441
bearishgurl
ParticipantThe “mean” and “median” income tables don’t really prove jack sh!t as to household disposable income or quality of life.
A “retiree” or similarly-situated younger “heir” living in a paid-off house with low taxes can live very well on $40K to $50K, even traveling several times per year. If they are not inclined to travel, they can live quite well on <=$40K per year, even MUCH less. Keep in mind that many of these people pay little (if any) income taxes.
February 7, 2011 at 1:12 PM #663503ParticipantThe “mean” and “median” income tables don’t really prove jack sh!t as to household disposable income or quality of life.
A “retiree” or similarly-situated younger “heir” living in a paid-off house with low taxes can live very well on $40K to $50K, even traveling several times per year. If they are not inclined to travel, they can live quite well on <=$40K per year, even MUCH less. Keep in mind that many of these people pay little (if any) income taxes.
February 7, 2011 at 1:12 PM #664108ParticipantThe “mean” and “median” income tables don’t really prove jack sh!t as to household disposable income or quality of life.
A “retiree” or similarly-situated younger “heir” living in a paid-off house with low taxes can live very well on $40K to $50K, even traveling several times per year. If they are not inclined to travel, they can live quite well on <=$40K per year, even MUCH less. Keep in mind that many of these people pay little (if any) income taxes.
February 7, 2011 at 1:12 PM #664245ParticipantThe “mean” and “median” income tables don’t really prove jack sh!t as to household disposable income or quality of life.
A “retiree” or similarly-situated younger “heir” living in a paid-off house with low taxes can live very well on $40K to $50K, even traveling several times per year. If they are not inclined to travel, they can live quite well on <=$40K per year, even MUCH less. Keep in mind that many of these people pay little (if any) income taxes.
February 7, 2011 at 1:12 PM #664583ParticipantThe “mean” and “median” income tables don’t really prove jack sh!t as to household disposable income or quality of life.
A “retiree” or similarly-situated younger “heir” living in a paid-off house with low taxes can live very well on $40K to $50K, even traveling several times per year. If they are not inclined to travel, they can live quite well on <=$40K per year, even MUCH less. Keep in mind that many of these people pay little (if any) income taxes.
February 7, 2011 at 2:07 PM #663455jstoesz
Participanttrue true all around…Couldn’t agree more, that is why age distribution is something I always try to look at too…and even that is incomplete. I do not think there are as many oldies as you all seem to think…Then again you may hang out in different demographic circles than I do…But I find age distributions to be pretty interesting. You can run into that median vs. mean issue once again though.
On the issue of powdered milk, I remember some health nut friend I knew talk about how bad powdered milk was. It sounded about as bad as margarine, something about straightening out the molecules…or some such chemistry mumbo jumbo (I am a mechanical engineer and I hate chemistry).
February 7, 2011 at 2:07 PM #663517Participanttrue true all around…Couldn’t agree more, that is why age distribution is something I always try to look at too…and even that is incomplete. I do not think there are as many oldies as you all seem to think…Then again you may hang out in different demographic circles than I do…But I find age distributions to be pretty interesting. You can run into that median vs. mean issue once again though.
On the issue of powdered milk, I remember some health nut friend I knew talk about how bad powdered milk was. It sounded about as bad as margarine, something about straightening out the molecules…or some such chemistry mumbo jumbo (I am a mechanical engineer and I hate chemistry).
February 7, 2011 at 2:07 PM #664123Participanttrue true all around…Couldn’t agree more, that is why age distribution is something I always try to look at too…and even that is incomplete. I do not think there are as many oldies as you all seem to think…Then again you may hang out in different demographic circles than I do…But I find age distributions to be pretty interesting. You can run into that median vs. mean issue once again though.
On the issue of powdered milk, I remember some health nut friend I knew talk about how bad powdered milk was. It sounded about as bad as margarine, something about straightening out the molecules…or some such chemistry mumbo jumbo (I am a mechanical engineer and I hate chemistry).
February 7, 2011 at 2:07 PM #664260Participanttrue true all around…Couldn’t agree more, that is why age distribution is something I always try to look at too…and even that is incomplete. I do not think there are as many oldies as you all seem to think…Then again you may hang out in different demographic circles than I do…But I find age distributions to be pretty interesting. You can run into that median vs. mean issue once again though.
On the issue of powdered milk, I remember some health nut friend I knew talk about how bad powdered milk was. It sounded about as bad as margarine, something about straightening out the molecules…or some such chemistry mumbo jumbo (I am a mechanical engineer and I hate chemistry).
February 7, 2011 at 2:07 PM #664599Participanttrue true all around…Couldn’t agree more, that is why age distribution is something I always try to look at too…and even that is incomplete. I do not think there are as many oldies as you all seem to think…Then again you may hang out in different demographic circles than I do…But I find age distributions to be pretty interesting. You can run into that median vs. mean issue once again though.
On the issue of powdered milk, I remember some health nut friend I knew talk about how bad powdered milk was. It sounded about as bad as margarine, something about straightening out the molecules…or some such chemistry mumbo jumbo (I am a mechanical engineer and I hate chemistry).
February 7, 2011 at 3:03 PM #663465sdrealtor
ParticipantFour years ago we discussed the problems with averages (means, medians and modes) ad nasuem. They are flawed and we all get that. Taking any measure at face value is of limited use at best. The best we can do is hypothesize over changes and the velocity of them.
February 7, 2011 at 3:03 PM #663527ParticipantFour years ago we discussed the problems with averages (means, medians and modes) ad nasuem. They are flawed and we all get that. Taking any measure at face value is of limited use at best. The best we can do is hypothesize over changes and the velocity of them.
February 7, 2011 at 3:03 PM #664133ParticipantFour years ago we discussed the problems with averages (means, medians and modes) ad nasuem. They are flawed and we all get that. Taking any measure at face value is of limited use at best. The best we can do is hypothesize over changes and the velocity of them.
February 7, 2011 at 3:03 PM #664270ParticipantFour years ago we discussed the problems with averages (means, medians and modes) ad nasuem. They are flawed and we all get that. Taking any measure at face value is of limited use at best. The best we can do is hypothesize over changes and the velocity of them.
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