Debra L. Wolf At an income of $107,000 per year is great depending on where the person lives.  If they live in NY City, it would be barely enough to get by.  In the Detroit Area, it would be a median income, and would not purchase a home in the northern suburbs.  Probably the same for Philly, Chicago, Los Angeles, or Dallas.  I remember when, prior to 1998, my husband and I made that kind of money.  Taxes over $100,000 were higher, and we didn't feel rich, but were able for the first time to save a little money every month.  In today's world, it is not a great salary.

Debra L. Wolf At an income of $107,000 per year is great depending on where the person lives.  If they live in NY City, it would be barely enough to get by.  In the Detroit Area, it would be a median income, and would not purchase a home in the northern suburbs.  Probably the same for Philly, Chicago, Los Angeles, or Dallas.  I remember when, prior to 1998, my husband and I made that kind of money.  Taxes over $100,000 were higher, and we didn't feel rich, but were able for the first time to save a little money every month.  In today's world, it is not a great salary.

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