Age/Income Poll

[Tcoat]

Originally Posted by ScoobsMcGee

30 versions may not be enough.

A) The relevancy depends upon people on the Internet being truthful.
B) There is no distinction between personal or household income.
C) Everyone voting based on USD?
D) No matter how perfect the poll is made nor how many options there are, someone will find something wrong with it.
E) Fishpockets.

On the plus side, I don't feel quite as old now!

(Edited because exchange rates are a thing)

Exchange rates are not a thing unless you are exchanging you pay for other currency. $1 Canadian in Canada is a $1 not 70 some odd cents.


No matter how you break this down the data is still suspect as far as income goes. Income is very regionally biased. The guy making $40K in New York city is not on an even playing field with the guy making $40K in Backwater Arkansas.


As flawed as the data will be it is still very interesting to see.


This is actually making me feel older since as of this moment there are only two in my category.

[ScoobsMcGee]

Originally Posted by Tcoat

Exchange rates are not a thing unless you are exchanging you pay for other currency. $1 Canadian in Canada is a $1 not 70 some odd cents.


No matter how you break this down the data is still suspect as far as income goes. Income is very regionally biased. The guy making $40K in New York city is not on an even playing field with the guy making $40K in Backwater Arkansas.


As flawed as the data will be it is still very interesting to see.


This is actually making me feel older since as of this moment there are only two in my category.

Make that three! (guessing on age bracket here)

Good points. Not only does cost of living and income fluctuate based upon region, but so does the cost of the car. Maybe not as much between different US states, but likely between different countries. Then that gets ugly because standard equipment can also vary.

To be clear, I agree that the information is interesting. I was only pointing out that no mater how many times it was redone, someone wouldn't be happy.

[Stang70Fastback]

Yeah we would need a comprehensive poll to solve this. We could always create a Survey Monkey thing if we really wanna be accurate, lol.

I just wanted to solve the issue in the last poll where everyone was lumped into the same answer.

[Tcoat]

Originally Posted by Stang70Fastback

Yeah we would need a comprehensive poll to solve this. We could always create a Survey Monkey thing if we really wanna be accurate, lol.

I just wanted to solve the issue in the last poll where everyone was lumped into the same answer.

Back in the dead of winter while really, really bored I started compiling all the data from the age/job threads to see what the "average", forum using, owner would be. I gave up about 60% into it when no matter how many more data points I added the answer continued to be around 80% as a 32 year old engineer/IT/Other high tech position. There was also a high number of military personnel which not surprisingly also were in the more tech type trades.
As rough as the data from this thread will be it will still be interesting to see if the salary levels seem to line up with my findings.
(Ya, I love me some stats!)

[Tcoat]

Originally Posted by ScoobsMcGee

Make that three! (guessing on age bracket here)

.

Yep, there are 3 of us now! Pretty sure when all is said and done we will be the odd men out.

[keithr]

Originally Posted by Tcoat

Yep, there are 3 of us now! Pretty sure when all is said and done we will be the odd men out.

Well, there's only 2 in my group, myself included, so I guess you and I are not in the same group.

*EDIT: Doh! In the time it took me to type that out, my category skyrocketed to 3!!!! Damn, this internet thingie moves fast.

[Tcoat]

Originally Posted by keithr

Well, there's only 2 in my group, myself included, so I guess you and I are not in the same group.

*EDIT: Doh! In the time it took me to type that out, my category skyrocketed to 3!!!! Damn, this internet thingie moves fast.

There are only a total of 4 in my whole age group so far and I know there are a whole lot more of us than that here!
Probably past most of our bed time is all.

[keithr]

Originally Posted by Tcoat

There are only a total of 4 in my whole age group so far and I know there are a whole lot more of us than that here!
Probably past most of our bed time is all.

Well you gotta account for the Denny's early bird special!

[KevinK121]

Yeah I suppose no matter how it's grouped someone will feel it's missing certain criteria or data. In the end to get it tweaked into a really precise manner it would be close to 30 options. That's also really kinda splitting hairs. This is quite a lot of options also.

Unlisted variables aside my poll was to kinda see how many were in my similar bracket.

Interesting to see how the data points fall in more spread scale.

Either way it seems I didn't get quite what I was hoping for in terms of results. Was hoping more people in my age group 25-30 and income 40-50k were buying these. Again, not taking other variables into account (debt/income, cost of living/location, etc).

Either way thanks for spreading my idea out a bit more

[KevinK121]

Originally Posted by mav1178

So why exclude those that got the car as a gift if you are trying to cover all ranges?

Anyone not making enough money to support a new $30k car should be excluded, that's all I'm saying.

-alex

For one, people who are gifted the car don't need to work for it and pay for it in the same way as most people do. Therefore their data is considered, by myself at least, as irrelevant to the scope of this poll.

That being said when I created my poll I included that because people are typically going to vote in the poll even if there isn't an option that suits them. I'm sure there more than a few younger folks here who were fortunate enough not to have had to earn their car the traditional way.

[KevinK121]

Originally Posted by mav1178

Your reasoning assumes a $30k salary can pay for a car.

In reality, a $30k salary is the same as someone gifting you the car... because most loan places would not offer you something competitive with that type of annual income.

-alex

I agree. Maybe they have help with payments.

Also

They could have saved quite a bit over a period of time or had help pitching in for a down payment.

Either way, these scenarios fall outside of the intended scope of this poll.

[BRZZZZZZZZZZ]

Less than 25 income more than $90k CAD here, but only if I include my rental income from my home, otherwise I am down one income bracket.

[keithr]

Originally Posted by BRZZZZZZZZZZ

Less than 25 income more than $90k CAD here, but only if I include my rental income from my home, otherwise I am down one income bracket.

You're well ahead of the curve, sir. I certainly wasn't making that kind of money when I was under 25 and I most certainly didn't have investment properties!

Curious -- do the price of goods generally scale linearly with the conversion rate US/CAD? I've had people tell me that the price of certain goods in Canada is much higher than the US after factoring conversion...

[BRZZZZZZZZZZ]

Originally Posted by keithr

You're well ahead of the curve, sir. I certainly wasn't making that kind of money when I was under 25 and I most certainly didn't have investment properties!

Curious -- do the price of goods generally scale linearly with the conversion rate US/CAD? I've had people tell me that the price of certain goods in Canada is much higher than the US after factoring conversion...

Unfortunately for my job/industry my wages are pretty much maxed out at this point.

Some things are priced much much different up here, others are close to par.