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  •  What makes you think that a family (1+ / 0-)
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    of four living in Manhattan that makes 250K pre-tax is in the top 10% of similarly-situated Manhattanites?

    •  I didn't claim it was, bink did (9+ / 0-)

      here. So apparently $250k net IS top tier, even in Manhattan. I was referencing the country as a whole, and using one of the most expensive places to live on the planet as a counterexample is a red herring. As many others have noted, Queens is far less expensive, yet close enough for millions of people to deal with the commute. I could have chosen the resort town up the road when house hunting, but getting half the house for three times the price seemed a bad bit of microeconomics. I got a solidly built home for $68k, and have paid off my mortgage early. Likewise, I could have chosen to have a family of four, but I have always felt there are plenty of people around already, and have no urge to propagate my particular genetic profile. My priorities might not be the same as yours or anyone else's, but I do know that money vs time is a constant balancing act, and nobody gets unlimited time on this earth.

      Stand for something, or you'll fall for anything - Malcolm X via Skindred

      by kamarvt on Mon Dec 31, 2012 at 07:49:57 AM PST

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      •  Commuting into NYC is not cheap (1+ / 0-)
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        I live on Long Island in a lower middle class area and between my husband commuting to Brooklyn and my daughter going to a state and city subsidized college in NYC, we pay over $550 a month just for commutation.  So don't underestimate the high cost of commuting outside of Manhattan.

        Bad politicians are sent to Washington by good people who don't vote.

        by Renie57 on Mon Dec 31, 2012 at 09:56:59 AM PST

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    •  No top 10%, but at least top 16% (2+ / 0-)
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      tardis10, schnecke21

      Note that this data is from 2009 and only goes to above $200,000.  Obviously if you make $250,000 you're in that top 16%, and possibly top 10%.

      Also note, this is only for Manhattan.  If you include the entire city, you're definitely in the top 10%.

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