How much is your household income? - Mothering Forums

View Poll Results: How much is your annual household income?
Under $20k 9 4.33%
$20k - $30k 15 7.21%
$30k - $40k 22 10.58%
$40k - $50k 15 7.21%
$50k - $60k 16 7.69%
$60k - $70k 17 8.17%
$70k - $80k 25 12.02%
$80k - $90k 13 6.25%
$90k - $100k 17 8.17%
$100k - $125k 24 11.54%
$125k - $150k 11 5.29%
Over $150k 23 11.06%
Other 1 0.48%
Voters: 208. You may not vote on this poll

Forum Jump: 
 
Thread Tools
Old 11-01-2007, 06:28 AM - Thread Starter
 
guestmama9915's Avatar
 
Join Date: Jul 2004
Posts: 1,341
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Okay working mamas! The SAHM thread on income shocked me, honestly... so I am curious, what's your household income like? Also if you could post some details on house payment/rent, other bills, or just whether you live in a cheap/expensive area...

By the way, this poll is anonymous.
guestmama9915 is offline  
Sponsored Links
Advertisement
 
Old 11-01-2007, 09:07 AM
 
lisac77's Avatar
 
Join Date: May 2005
Location: Dallas, TX
Posts: 3,191
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
I put what my income will be for this year, which includes a whopping long term bonus that was paid out in May (and that won't be there next year). Our monthly bills come to about $4600-$5000 depending on the season (MUCH higher in the summer), and includes $800 a month for child care. DS starts kindy next year though so that will go away in August 2008.
lisac77 is offline  
Old 11-01-2007, 10:26 AM
 
Imogen's Avatar
 
Join Date: Jul 2006
Location: England
Posts: 2,298
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Converting from British pounds into U.S Dollars... I've clicked 20-30k.
Imogen is offline  
Old 11-01-2007, 10:35 AM
 
candiland's Avatar
 
Join Date: Jan 2002
Location: Waiting for Calgon to take me away.
Posts: 3,890
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
My boyfriend (not my kids' father) just broke up. With my new job I just started, our combined household income would have been... about $91,000. Rent is 1225/mo.

Now that I am moving...... my household income for myself and two kids will be about 45-47,000, with rent at 1050/mo. My job doesn't pay too too well, but I also get monthly annuity checks that help out immensely. The new townhouse me and the kids are moving into is a pretty small two bedroom. OK area, stuff is relatively cheap. It's right outside of Baltimore.

If I were to go any closer to the more "popular" areas, rents for one bedroom APARTMENTS start at over 1,000/month. Real estate in MD is really expensive, even in the current market.
candiland is offline  
Old 11-01-2007, 12:02 PM
 
leewd's Avatar
 
Join Date: Aug 2005
Location: Houston
Posts: 983
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
I put in this year's income, but next year with 3 babes and me losing income due to maternity leave and possibly going PT or quitting, our income will drop considerably!

I was also shocked that 33% of the SAHM were over 100K
I would LOVE for my DH to bring in that kind of money!

BTW, Houston is a fairly cheap area. Our debt (home + home equity loan) = $800/month and daycare for 2 is $886/month.
leewd is offline  
Old 11-01-2007, 12:28 PM
 
MyTwoAs's Avatar
 
Join Date: May 2004
Location: In my own little la-la land
Posts: 3,591
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Oops I'm a student momma and voted. My husband is a pretty specialized network engineer - no college degree but 15+ years experience in the business and industry certifications. His salary is nice but we have two kiddos on the autism spectrum and only one is covered via the state's department of developmental disabilities so our monthly therapy costs are outrageous - things are definitely tight hence my returning to school to get a degree so I can 'help out' on the financial front.
MyTwoAs is offline  
Old 11-01-2007, 12:36 PM
 
BuggyBee's Avatar
 
Join Date: Apr 2007
Posts: 51
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
near the bottom...
BuggyBee is offline  
Old 11-01-2007, 01:05 PM
 
thriftyqueen's Avatar
 
Join Date: Mar 2006
Location: The Peace Garden State
Posts: 1,137
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
I only work 25 hours per week. I don't bring in a huge chunk of money by any stretch. I put $40-50,000 (most is DH's salary). Our bills are $515 mortgage+$400 home equity. We have student loans also ($300 per month). No other debt. We also pay our own health insurance. The cost of living here is fairly low , but there are not a lot of high paying jobs either. We have a lot of jobs in our area that pay $7-8 per hour for full time work.

Hope, check out my life at http://thethriftyqueenspeaks.com
 

thriftyqueen is offline  
Old 11-01-2007, 01:44 PM
 
GuildJenn's Avatar
 
Join Date: Jan 2007
Location: Toronto
Posts: 4,517
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
I put btw $100-125k which is indeed where we are combined, although last year not so much as I was PT until August.

Our mortgage payment is $1200/mo (our house is worth about $350k, & is in eastern/formerly suburban Toronto); taxes are $300/mo; utilities are about $325/mo depending (we need new windows to get that winter cost down!); house insurance is about $65/mo. Cars + car insurance = $600/mo (that's not gas or anything; we still owe on one car). Childcare is currently a whopping $1600/mo; that's 4 days Montessori, one day nanny. (If we went to 5 days Montessori it would be $1100/mo.)

~ Mum to Emily, March 12-16 2004, Noah, born Aug 2005, Liam, born January 2011, and wife to Carl since 1994. ~
GuildJenn is offline  
Old 11-01-2007, 02:01 PM
acp
 
acp's Avatar
 
Join Date: Apr 2007
Location: Chicago
Posts: 1,216
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
I put $60-70k, but it's really hard to know since my husband's income varies a LOT from year to year (he's an actor). Also, that figure is misleading, since we're getting substantial help this year from my parents, who are helping to pay for a nanny for DD so I don't have to put her in day-care, and who also provided the mortgage for our apartment (It's still a mortgage, and I still owe the interest, but it's the lowest percentage allowed - around 4%, I think - which we'd never be able to get with a traditional mortgage).
Our biggest expenses are housing - around 2k a month for mortgage, plus $350 for monthly assessments. Our childcare will also cost around 2k a month but, as I said, we're getting help there.
acp is offline  
Old 11-01-2007, 02:07 PM
 
beckyphry's Avatar
 
Join Date: Sep 2006
Posts: 933
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
We're around $95K and we live in a very expensive area, just north of NYC. Our mortgage + common charges for our townhouse is around $1650/month. Daycare will be close to $1,000 starting in December for 4 days per week.

Our total monthly expenses generally run around $5,000 a month.
beckyphry is offline  
Old 11-01-2007, 03:31 PM
 
Qestia's Avatar
 
Join Date: Sep 2005
Location: Boston
Posts: 1,980
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by leewd View Post
I was also shocked that 33% of the SAHM were over 100K
I would LOVE for my DH to bring in that kind of money!
Putting it in perspective, even if my husband did make 100k (I'm not sayin), I couldn't afford to SAH. Our 850 sq ft, non-luxury condo cost $375K, to live where we could send DS to public school and not have 2 hours commuting, or more each day. I mean, maybe we could, but there'd be no retirement, no college fund, not to mention the cost of my therapy (from going nuts staying at home!) would put us over the edge!

Mom to DS 5/05 and DD 9/08
Qestia is offline  
Old 11-01-2007, 03:53 PM
 
alicia622's Avatar
 
Join Date: May 2005
Location: 44° 48' N 68° 50' W
Posts: 4,568
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
We are in the 60-70K range. Our monthly bills run about 2000 (mortgage/insurance/student loans/utilities) and our cars and CC are paid in full. We have no childcare expenses and our son has Mainecare due to being adopted through the foster care system. I was going to put him on one of our work insurance policies but decided it is ridiculously expensive to do so when he can have it all for free.

Alicia DH Mike DS Gage Lola & Zeus Fishy Dishy, Charkey and Shark
RIP Sidney 1994-2010 RIP Charlie Brown 2008-2010
alicia622 is offline  
Old 11-01-2007, 05:07 PM
 
leewd's Avatar
 
Join Date: Aug 2005
Location: Houston
Posts: 983
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by Qestia View Post
Putting it in perspective, even if my husband did make 100k (I'm not sayin), I couldn't afford to SAH. Our 850 sq ft, non-luxury condo cost $375K, to live where we could send DS to public school and not have 2 hours commuting, or more each day. I mean, maybe we could, but there'd be no retirement, no college fund, not to mention the cost of my therapy (from going nuts staying at home!) would put us over the edge!



Well, in our case (in Houston) we could totally live on 100K with Daycare AND therapy bills! Our 1550 sq ft townhouse is worth about $85K, and we only owe $50K total (home + home eq). We could even afford the private school linked to the daycare we use!

But you're right, I'd need even more therapy if I stayed home
leewd is offline  
Old 11-01-2007, 07:12 PM
 
caeden&connersmom's Avatar
 
Join Date: Apr 2006
Location: Midcoast Maine
Posts: 714
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Well I put $40-50K, but that is right now, with me working full time and dh freelancing from home. Now that the kids are both in school he is trying to find something 30 hours a week or so, and that will be SO nice!

Our mortgage (plus taxes and ins) is $1232.00. Our other huge expense is school which runs $946.00 a month.
caeden&connersmom is offline  
Old 11-01-2007, 08:49 PM
 
Michelle Renee's Avatar
 
Join Date: Dec 2005
Location: Near Detroit
Posts: 725
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Last year between the 2 of us we brought home 59K gross. We live off about 3100 a month after taxes.

Our mortgage is 1130.00
Daycare is 800 a month
200 is gas/electric
200 2 cell phone/internet/house phone (yes this is nuts but his family is international calling)
Credit cards- 450
Groceries 300
Gas for car 150 (would be more but he has a company car that does gas/insurance/payment)


We tend to run out of money - and use the credit cards as fast we pay it, we ask our parents for help frequently. My mom pays our car payment and car insurance. Im a first year school teacher and my hubbie is an entry level computer guy (beyond entry level with skills but the job market stinks for his skill set)

It sucks and frustrates me to no end.

Former Special Ed Teacher  now SAHM mamma to 2 girls autismribbon.gif(4/06) and thumbsuck.gif (5/08) EBF via donor milk. Wife DH : Fur mamma to 2 pugs and 1 grey kitty - its a zoo around here!  pos.gif Feb 2013..Will you help feed our new blessing?winner.jpg

Michelle Renee is offline  
Old 11-01-2007, 10:41 PM
 
Belleweather's Avatar
 
Join Date: Nov 2004
Location: The Heart of the Heartland
Posts: 3,197
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Right now, we're at almost exactly $60k. That's $50k of my salary, and about $10K from DH's part time job. We're really hoping that after this baby arrives and we're more settled he can go back to work, which would bump our household income up to closer to $80-90K. On the other hand, the balance would probably be largely eaten up by daycare costs.

Our bills are as follows:
Rent $1025
Student Loans $1000
Utilities $250 -- probably will go up when it's cold.
Food $400
Car Insurance $90
Gas $125

We're blessed and lucky to have two mostly-functional paid for cars and no credit card debt, because I think credit cards are immoral. DH and I work split shifts at the moment, so there's no daycare expenses but it's killing our family to do it. Unfortunately, health care through his work is almost free, and it's $580/month through my employer -- for, might I add, craptastic coverage -- so he needs to keep his job.

Spending all of my money and time on this wild, wild life.
Belleweather is offline  
Old 11-01-2007, 10:55 PM
 
canadianchick's Avatar
 
Join Date: May 2005
Location: Enjoying the early Spring!!! Yeah!
Posts: 3,610
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
My income (when I was working up until a week and an half ago) was $35,000. And we lived paycheck to paycheck.

Kim, proud CPS mom to Marnie and my 4 legged kids, Jess, Zander, Oliver, Stumpy and Eddie.
canadianchick is offline  
Old 11-02-2007, 10:02 AM
 
mistymama's Avatar
 
Join Date: Oct 2004
Posts: 4,824
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
I'm a real estate agent, my job is pure commission so it can really vary!! My DF is commission too, but his is pretty regular so we can count on about $36,000 from him this year. I have a big closing happening in a few weeks that will really bump up my income, so this year combined we'll bring in about $125,000.

A more typical year for me is making around $60,000, us combined around $96,000.

We live in a moderatly low cost of living area. Our rent is $750 and preschool/daycare for DS is $145 a week. Those are our two biggest expenses, but daycare will go away next year when DS starts kindy.

Candacepeace.gif, Married to dh   guitar.gif, Mom to ds (8) biggrinbounce.gif , Gavin candle.gif (9/30/10 - 12/19/10) and cautiously expecting our rainbow1284.gif 4-29-12

mistymama is offline  
Old 11-02-2007, 10:12 AM
 
KellMcK's Avatar
 
Join Date: Jun 2007
Location: Chesapeake, VA
Posts: 414
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
My salary is $60K - and I only put down mine because my DP is self-employed and this has been a particularly bad year for his business. So we have had to live just on one paycheck. We relocated in April, and I left a job where I was making $85K/year - but with all the stress that came with a position in senior management. Cost of living here is much cheaper, but we're kind of in the hole right now because I had to maintain two households for five months. And I feel very fortunate that I actually was able to sell my condo in this market!

Anyway, it's hard for me to tell you exactly what our expenses will be, because I have a lot of catching up to do. Daycare is $200/week, and mortgage/insurance/taxes is $1,700/month.

Hopefully next year will be a better year for us!
KellMcK is offline  
Old 11-02-2007, 12:32 PM
 
TheAJs's Avatar
 
Join Date: Jun 2007
Location: Upstate, NY
Posts: 478
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
I voted $125k - $150k. Next fall, however, I will be returning to school so we will be living on a lot less.

Our mortgage + taxes + insurance is ~$1800/mo. Childcare is $1200/mo, which is steep for the area, but we pay my mom to stay at our house during the day so it equals nanny care. Plus, she does some house-cleaning. We have no car payments, but we spend a small fortune on gas; student loans are ~$300/mo; bills are ~$400/mo; groceries are about the same. Unfortunately we also have credit card debt since insurance didn't end up covering our homebirth.

We have a lot of our money tied up in investments and FSAs, so even with all that money we are still feeling pinched. Figure that one out!!

Cost of living is neither high nor low.. about average, I'd say.
TheAJs is offline  
Old 11-02-2007, 12:37 PM
 
AlpineMama's Avatar
 
Join Date: Aug 2007
Posts: 1,780
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
We live on slightly more than a grand a month, in Connecticut. Normal rents for a one-bedroom start at about 1,000 a month. There will soon be four of us. (No, we're not on welfare or anything like that.) Let me tell ya, it's not exactly FUN...
AlpineMama is offline  
Old 11-02-2007, 01:05 PM
 
marilynmama's Avatar
 
Join Date: Oct 2003
Posts: 1,362
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
We are poor....lol

My husband works his ass off for net pay of $1600.00 a month. I work part time bringing in about $320 a month.

We are both students though with 2 young girls and we actually do fine considering (though we live paycheck to paycheck).

Rent:$600 (1100sq ft rent house, 2bedroom, small yard)
Electric, gas, water, etc: $200
Car payment and insurance: $290
Babysitter $80
the rest of the money goes to food, gas for both cars, whatever else we need.

I graduate next semester (I'll be an RN) and that will change our financial situation for the best and then DH is becoming a Police Officer. I just want to build up a savings and get some health insurance!

Marilyn,psych RN. Homeschooling mom to Taylor (12) and Lauryn (8)
marilynmama is offline  
Old 11-02-2007, 01:12 PM
 
VisionaryMom's Avatar
 
Join Date: Feb 2007
Posts: 3,736
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
We will make ~$70K this year. We're in a low cost of living area. Average for a family of 4 here is $35K, but I swear, I don't know how they do it. Oh, wait, they probably don't have the $100K in student loans. :

Anyway, next year that should bump up to $80-85K based on a couple of new contracts I have. I feel fortunate to have the luxury to freelance even with all of our student loan debt.

We've looked at moving to NC where we could expect a $20-30K raise for hubby based on the job market there. The cost of housing is a bit higher, but other than that, it would be about the same. Still, there's a lot of stress involved in that. The difference for us is that here we absolutely have to find a way to afford private school, and there we could send the kids to public school, which is what I'd rather do.

Anyway, the breakdown for us:
$930 - mortgage
$500 - groceries (would like spend more on better quality, but...)
$300 - utilities, including cable, internet, phone
$1000 - debt repayment
$50 - car insurance
$240 - PT daycare

We have no car payment and next to no cost for gas. I work from home, and hubby walks pretty much everyday.

A lot is eaten up with insurance premiums, though, and the cost of hubby's meds (T1 diabetes).

It's us: DH , DS ; DD ; and me . Also there's the . And the 3 . I . Oh, and .
VisionaryMom is offline  
Old 11-02-2007, 01:32 PM
 
mclisa's Avatar
 
Join Date: Jul 2004
Location: loving my scrapbooks!
Posts: 5,713
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
no mortgage here (paid cash)
no daycare (sahd)

we just have medical bills from dd3

Michelle: wife to J, mom to M (2001), E (2003), C (2005), S (2007) and O! (2009) And someone new in 2011!
mclisa is offline  
Old 11-02-2007, 02:54 PM
 
woobysma's Avatar
 
Join Date: Apr 2004
Location: over the moon
Posts: 2,997
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
we make right around $100k together, with me working PT.

We live in Seattle, so we have a really high cost of living.
woobysma is offline  
Old 11-03-2007, 01:51 PM
 
sweetest's Avatar
 
Join Date: May 2004
Location: closer to fine
Posts: 1,253
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
We are in Northern California, with a pretty high cost of living. My student loan payments are about $400, plus Dd is at a Waldorf school, which is a bit $$$$$.
sweetest is offline  
Old 11-03-2007, 09:08 PM - Thread Starter
 
guestmama9915's Avatar
 
Join Date: Jul 2004
Posts: 1,341
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Very interesting!!

I put $100 - $125k, it was much more erratic until recently and probably put us more like $80-90k. We live in a very high cost of living area. Up until the last couple months our rent was $1950, paying for 2 kids in daycare, huge medical bills and really bad credit card and student debt. We've cut a lot of costs so we're doing much better now. I am so amazed at the income some people live off of - that's some amazing frugal mamas!
guestmama9915 is offline  
Old 11-03-2007, 09:38 PM
 
karen ann's Avatar
 
Join Date: Feb 2002
Location: Tir Nanny Ogg
Posts: 935
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
I honestly don't know the income for the household. DS and I are living with my parents and I don't know how much they make. I earn just under $40000/year. My ex pays just over $5000/year in child support. Right now my only debt is my car loan (~$95/month). I pay my mom $150/week towards household expenses. I buy some of the groceries for myself and DS. I'm trying to save enough for a downpayment on a little condo or starter house for me and DS, and to rebuild my credit by paying down my car note.
karen ann is offline  
Old 11-04-2007, 12:04 AM
 
liberal_chick's Avatar
 
Join Date: May 2005
Location: California
Posts: 1,789
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
I put $60-70K gross, which includes a bonus that dh's work gives yearly and is taxed at 38%.

We live in a low cost area, but got a little big for our britches in the last few years and have run up a butt load of credit card debt. We are working our way out of it now, but it will be a long road. And as soon as that is paid off, my student loans will kick in. They've been on forebearance for going on 3 years now.

Wife to an amazing man love.gif, mommy to 3 wild dudes: ds1 (5/23/05 @ 30 weeks), ds2 (3/5/09) hbac.gif, and ds3 (9/26/10) hbac.gif. Part time librarianread.gif, full time mommysupermod.gif, occasional chef and maid.

liberal_chick is offline  
 
User Tag List

Thread Tools


Forum Jump: 

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off