Apr 23, 2013 18:13
Hi!
Being from another country, I have serious trouble understanding how much would one need to earn in the US (California, in particular) to be middle class and what in particular it entails.
I have a single parent family living in a small town, with the parent working as a sheriff. Google informs that means $90-98k/year. Now, considering this family lives in their own house (no mortgage but I take it'd still take a considerable part of the wage away), is it a lot? Would the family be able to buy a new car just because? send the children to University without taking loans?
Thanks a lot!
~economics (misc),
usa: california