1 in 8 married couples with under-18 kids make 200k/yr or more, a doubling since 2006.

That is as of 2016, courtesy of the American Community Survey’s 1 year estimates.

1 in 10 make 150-199k per year.

Put it together and almost 1 in 4 married couples (about 22%) with under-18 kids makes $150,000 or more household income.

More tellingly, the largest single income group is $100-149,999 per year, with just under 5 million households and about 23% of the total.

Put 22 and 23 together and you get 45% of married couples with under-18 kids make 100k a year or more as a household in 2016.

A bit less than 7.5 million households bring in 50-99k per year (split about 50/50 from 50-74k and 75k-99k), which is almost exactly 33% of married folks with under-18 kids.

This means about 22% or almost 1 in 4 married couples with under-18 kids make 49k per year or less.  Not quite how the demographics of marriage are portrayed in a lot of circles, particularly on the right, where sub 50k is presented as firmly and comfortably middle class.

But in reality the true middle range for all the people married and raising kids right now is 100-150k.  This is true even in the lowest income region, the South,  at 41% above 100k.  For the Midwest and West it’s 45% and for the Northeast it’s 56%, or a clear majority.

What were things like 10 years ago in 2006?

200k- 6% nationally

150-199k- 6% nationally

100-149k- 18% nationally

75k-99k- 18% nationally (16% in 2016)

50-75k was the single largest group broken out nationally in 2006. It was 23% nationally.  It’s shrunk a lot since then and is about 17% for 2016.

So in 2006 the true middle range was more like 75k-100k, and nearly 30% of married couples with under-18 kids had sub 50k household income for the year.

In the last decade the bottom rungs are dropping out of the married with kids ladder.

Under 75k went from a slight majority of 52% of such households in 2006 to a clear minority in 2016 of 39%.

Or the other way around, in 2006 48% of married couples with kids made 75k per year or more.  In 2016, it’s 61%.

 

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Married couple household income breakdown

This is the universe, as the Census Bureau likes to say, of all married couples, so these numbers include married people with no kids at home or no kids at all. So this represents about 57 million families.

  • ~20%, or over 11 million families, had household incomes of 100-149k in 2015
  • 9%, or about 5 million families, had household incomes of 150k-200k in 2015
  • ~10%, or slightly under 6 million families had household incomes of 200k or more 2015
  • Less than 15%, about 8 million families, had household incomes of 35k or less in 2015
  • ~35%, or about 20 million families had household incomes of 50k-99k in 2015 with around 55%, or 11 million families, being 50-74k earners
  • ~11%, or around 6 million families, had household incomes of 35-49k

As you can see, nearly 40% of married couples, representing between 21 and 22 million families, have household incomes above 100k, over 1/3, or about 20 million families have household incomes of 50-100k, and around 1/4 or just 14 million families make 50k or less.

About IT workers and their huge share of married with kids population

Ok not really, it’s a Census news release about some of the demographics of IT work though.  Relevant parts to my title are bolded.

Number of IT Workers Has Increased Tenfold Since 1970, Census Bureau Reports
IT Occupations
NEWS RELEASE: CB16-139

Workers Earn Almost Twice As Much As Other Occupations

AUG. 16, 2016 — The number of information technology (IT) workers now stands at 4.6 million, compared with just 450,000 in 1970 according to a new report from the U.S. Census Bureau’s American Community Survey. This upsurge means that IT workers now represent 2.9 percent of the U.S. labor force.

“The Census Bureau first identified IT occupations in the 1970 Census,” Julia Beckhusen said, a senior economist in the Census Bureau’s Industry and Occupation Statistics Branch. “At that time, there were only three IT occupation categories. That number grew to 12 by 2010 as the variety of work continued to increase.”

IT workers are more likely to be men, and on average, they earn more than their female counterparts do ($82,370 median earnings compared with $72,035). The proportion of women in IT occupations peaked at 31 percent in 1990 and declined to 25 percent in 2014. In comparison, the proportion of women in all occupations has increased over time, from 38 percent in 1970 to 47 percent in 2014.

Median annual earnings of IT occupation workers were $80,665 in 2014, or almost twice as much as the median earnings of the total workforce in 2014.

The median earnings, adjusted for inflation, for both men and women in IT occupations rose between 1970 and 2014. In contrast, male workers in the overall workforce experienced earnings declines, while median earnings for women rose.

The highest earning IT occupations were computer and information research scientists, software developers, applications and system software, computer and information systems managers, and computer network architects, each with median earnings of $90,000 or more. A higher share of workers in these occupations also had advanced degrees. For instance, 52 percent of computer and information research scientists had at least a master’s degree. Additionally, 22 percent of IT workers had a master’s degree or higher compared with 12 percent for all workers.

IT workers were twice as likely to work at home as all workers (10 percent compared with 4 percent). Web developers had the highest rate (20 percent) of working at home, compared with other IT occupations. Moreover, web developers had among the highest rates of self-employment (21 percent).

IT workers also tend to be younger. More than half (55 percent) were between the ages of 25 and 44 compared with 43 percent of all workers. Within the IT occupations, web developers were among the youngest with 38 percent between the ages of 25 and 34 and 11 percent between the ages of 16 and 24.

These statistics come from the Occupations in Information Technology report that uses statistics from decennial censuses and the American Community Survey to explore trends and characteristics of IT workers and describes the growth and increasing complexity of the IT workforce in the United States during the past half century.

Other highlights:

· In 2014, 18 percent of IT workers were Asian compared with 6 percent of all workers.

· Software developers, applications and systems software is the largest IT occupation, accounting for 25 percent of all IT workers.

· Database administrators had among the highest percentage of women (38 percent) but also had among the largest wage gap between men and women where men’s median earnings were $86,855 compared with $56,890 for women.

· IT workers had a higher percentage of full-time, year-round workers at 87 percent versus 69 percent of the total employed.

· IT occupations had a higher rate of foreign-born workers, 24 percent compared with 17 percent of total employed. Looking at the largest IT occupation, software developers, applications and systems software, 39 percent were foreign-born.

About the American Community Survey

The American Community Survey is the only source of small area estimates for social and demographic characteristics of the U.S. population. It gives communities the current information they need to plan investments and services. Retailers, homebuilders, police departments, and town and city planners are among the many private- and public-sector decision makers who count on these annual results. Visit the ACS helps communities page to see some examples.

These statistics would not be possible without the participation of the randomly selected households in the survey.

 

This one industry disproportionately contains married households with 3 or more children and disproportionately contains SAHMs in those households.

The implications of that plus the bolded stuff left as an exercise.

 

 

Why I talk about money frequently.

This is a little widget  from an interesting post about the Obamas’ income showing where your household income is in national percents.

But, brass tacks and all.  Top 1% starts at 430k/year, for 2014 incomes.

Top 30-50%: 55k-85k

Top 25-30%: 86k-96k

Top 10-25%: 97k-150k

Top 6-10%: 155k-205k

Top 5%: 210k-230k

Top 4%: 235k-260k

Top 3%: 270k-320k

Top 2%: 340k-420k

Look at how narrow the ranges are, even for the highest income levels.  It’s really hard to get up into the higher percents even with two incomes.

250k isn’t enough, or why not even other right wing women want my SAHM lifestyle.

This is a breakdown of exactly how expensive it is to live substituting money for the network of support common to healthy patriarchal societies.  In this example, I show where 250k in gross household income per year would go in attempting to provide enough support with cash instead of neighbors and relatives to get a SAHM with several children through the under-5 years with closely spaced pregnancies and breastfeeding.

25k– tithe

35k– modest PITI (Principal, Interest, property Taxes, homeowner’s Insurance) of 1.5-2x income after 20% down, not before

50k– household services (sitter or nanny, weekend/backup sitter, house cleaning 2-4x per month)

15k– food (local, often organic, directly purchased from farmers wherever possible, fair trade and single-source where not local).

50k– federal income and social insurance taxes (approximate, tax treatment varies wildly from state to state)

10k– gas, commute and auto maintenance expenses (not including car insurance)

5k– car insurance, life insurance, disability insurance

15k– reserve or expenses for home maintenance and improvements

10k– utilities (internet/cell, electric, water, sewer or septic maintenance, garbage, any other common utilities)

15k– HSA/health insurance/health care (annualized estimate)

20k– savings/float/reserve against unexpected/anything I missed

This totals to exactly 250k per year, and there things I missed.  And even with this much money substituting for human relationships and assistance, women at this level of household income who SAHM still face plenty of sleep deprivation and exhaustion and none of these expenses make up for the lack of other women and their children in groups to hang out with while going through household routines.

This is my life*, and nobody wants it.  And nobody wants to admit it takes this kind of money to even come close to setting up a private household with a SAHM in something resembling a traditional way.  Despite the full time help wrangling my very active children and the friendly couple that clean weekly, I’m still exhausted and have trouble gaining/maintaining weight when I need it for pregnancies and breastfeeding.  And I always feel overwhelmed by the sheer volume of household work to do that isn’t the canonical cooking and cleaning and childcare because I don’t do a lot of that day to day and *there’s still a lot of other housework to do*.

But I am not envied by other SAHMs because they think any childcare that isn’t mom 24/7/365 is “leaving your children to be raised by wolves, er, I mean other women”.  And having a house cleaner deep clean is just showing how I fail housewiving 4eva by not being organized enough to clean perfectly around squalling toddlers flinging rice in every direction because mommy’s ignoring them (sorry, lovingly caring for them in a way utterly superior in all possible ways to any relative or paid provider’s child minding) to scour the sink just right.

I am not envied by working mothers because holding any wage job outside the home (no matter how low-paying) and putting the kids into daycare at 6 weeks old (or more commonly, paying some SAHM whose household income is closer to 25k/yr 20-40 bucks a day under the table for childcare) means they are financial contributors to their household and I am not, so I am to be pitied and despised for being such a drain on my husband with my very existence.

And that’s the right-wing, conservative Christian side of the aisle.

*The exact household income and expense list in this example isn’t our literal personal one as our household is more agrarian in orientation, but there are some broad similarities.