General Discussion Triathlon Talk » Your Household Gross Income Rss Feed  
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Your Household Gross Income
OptionResults
$24,999 or less per year4 Votes - [2.09%]
$25,000 - $49,999 per year10 Votes - [5.24%]
$50,000 - $74,999 per year26 Votes - [13.61%]
$75,000 - $99,999 per year28 Votes - [14.66%]
$100,000 - $149,999 per year48 Votes - [25.13%]
$150,000 - $224,999 per year46 Votes - [24.08%]
$225,000 - $499,999 per year22 Votes - [11.52%]
$500,000 per year (or more)7 Votes - [3.66%]

2013-08-17 5:15 AM
in reply to: the bear

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Alabama
Subject: RE: Your Household Gross Income
Originally posted by the bear

Originally posted by tacetman I've read that study and I wish it detailed their research methods a bit more. They actually don't really thoroughly discuss how they arrived at that "income" number. Is it gross household income? Gross personal income? I'm assuming gross personal but I couldn't find it anywhere. Plus, despite the lack of statistical power of my "study", I'm still curious how the BT community breaks down. Still better than polling first-year psychology students.

If you read the study, it does say household income. An excerpt from Part 2:

 

The average household income of triathletes is quite high—more than $126,000, which is
significantly higher than the national average and suggests that in an economic downturn,
triathletes, more than other segments of the population have the wherewithal to continue their
participation in the sport

 





So why is that? Do triathletes make more because of their natural drive and ability to self motivate or do people that are rich just have the time and means to pursue an expensive hobby?


2013-08-17 6:31 AM
in reply to: Rogillio

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Resident Curmudgeon
25286
50005000500050005000100100252525
The Road Back
Gold member
Subject: RE: Your Household Gross Income
What came first, the chicken or the egg?
2013-08-17 7:11 AM
in reply to: the bear

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Alabama
Subject: RE: Your Household Gross Income
Originally posted by the bear

What came first, the chicken or the egg?


Eggzactly!
2013-08-17 9:28 PM
in reply to: Left Brain

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Master
1460
10001001001001002525
Burlington, Vermont
Subject: RE: Your Household Gross Income
I clicked the $75-$99k button. My wife makes just a smidge more than I do ... we're both in higher education administration. We throw it all into one big pile (joint account), pay what needs to get paid, save a bit, and spend the rest on food. We give ourselves a monthly allowance that we can either save or spend. I'm currently in the hole after IMLP. She's got a bit saved up and plans to buy a bike and swim lessons with it. I didn't tell her that she'll be in the hole with me soon enough.We also keep our own money that we make on the side. She's got a small theater production company that makes a profit on the shows it produces. I can stack stones into long standing walls and lay them into very attractive patios. I teach an occasional workshop for homeowners who want to learn the particulars, otherwise, I don't make money at that. This winter's workshops will get me out of the hole I'm in for my allowance.

We've got two daughters in college (free tuition), one car (paid off), and don't use credit beyond the mortgage. We bought a junker of a house in a great location and have spent the last 12 years making improvements. The sweat equity has paid well.
2013-08-17 10:54 PM
in reply to: Left Brain

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81
252525
Subject: RE: Your Household Gross Income
My household income is too low to be participating in Triathlons.
2013-08-18 3:18 PM
in reply to: adelsud

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Champion
6634
5000100050010025
Subject: RE: Your Household Gross Income
I make money now and can participate in this poll! (I'm still technically in the red due to school...but meh). I am currently bringing down the average though.


2013-08-18 4:30 PM
in reply to: 0

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Champion
16040
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Happy Valley
Subject: RE: Your Household Gross Income
p>The poll is anonymous

I think the info is interesting, and it's a great use of the poll function because of the anonymity.

. Poll is anonymous to average BTers but not 'definitively anonymous' to the site owners and moderators (owners pretty sure and I think the moderators but not sure, i know this from being reprimanded in the past for putting in a questionable poll addition years ago) Then again it could easily be all wrong info as no one has to 'prove' their income. Poll has a massive selection bias issue in it as well... On both the low and the high end. As mentioned higher income folks have more time to peruse sites like BT. Those same folks are not nearly as likely to openly state their incomes despite the fact that they may vote 'anonymously' they may not want to draw the attention involved in stating a high income on a public forum. . That's where the selection bias favors the lower income numbers in revealing incomes in the 'responses'. Carry on I didn't vote lol. I'm also not implying BT is misusing the info, but nothing is truly anonymous on the internets.....

Edited by Fred D 2013-08-18 4:46 PM
2013-08-19 10:24 AM
in reply to: adelsud

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Chicago, IL
Subject: RE: Your Household Gross Income
Originally posted by adelsud

My household income is too low to be participating in Triathlons.


^Haha. well played, sir.

Ditto.
2013-08-19 10:38 AM
in reply to: adelsud

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Expert
1090
1000252525
Broadlands
Bronze member
Subject: RE: Your Household Gross Income

Originally posted by adelsud My household income is too low to be participating in Triathlons.

My disposable income is too low to be participating in triathlons :-)

One wage coming in to the house, two adults, four kids and a dog :-)

Still we seem to be able to get the kids' and our love of competitive sports taken care of....

I think the earlier post saying what matters is the disposable income rather than gross income was right on the money........(see what I did there!!)

 

2013-08-19 10:42 AM
in reply to: dewybuck

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Master
4756
200020005001001002525
Paradise aka Englewood
Subject: RE: Your Household Gross Income
My household income is indeed, Gross. Make of it what you will. Smile
2013-08-19 12:27 PM
in reply to: Left Brain

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Pro
5163
50001002525
Burbs
Subject: RE: Your Household Gross Income
Originally posted by Left Brain

Originally posted by mmrocker13 We're one of those households where one of the people (not me) makes more than double what the other makes (yeah, I'm the poor bastard). We maintain separate bank accounts--although we do have one joint one for household expenses...of which multisport is decidedly not one. HOw does that get accounted for? There's just a lot of stuff to consider in this.

My wife and I don't share a single bank account.  I have no idea how much money she has or how broke she may be......nor does she know how triathlon poor I am. Laughing 

 

We split bills way back when we lived together before marriage and since it worked so well we just carried on.  I laugh at my friends when they tell me about arguments over who spends what.......that's just never been a part of our lives.

I have a sneaky suspicion she's a better saver than I am....but I think she'd bail me out in a pinch. Cool

It's funny you say that LB --- my husband and I do the same thing. I pay for daycare, we split the mortgage, and he pays for everything else (car insurance, utilities, cable, etc). We have a joint account but we never use it. 



2013-08-19 12:36 PM
in reply to: trishie

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Payson, AZ
Subject: RE: Your Household Gross Income
Originally posted by trishie
Originally posted by Left Brain

Originally posted by mmrocker13 We're one of those households where one of the people (not me) makes more than double what the other makes (yeah, I'm the poor bastard). We maintain separate bank accounts--although we do have one joint one for household expenses...of which multisport is decidedly not one. HOw does that get accounted for? There's just a lot of stuff to consider in this.

My wife and I don't share a single bank account.  I have no idea how much money she has or how broke she may be......nor does she know how triathlon poor I am. Laughing 

 

We split bills way back when we lived together before marriage and since it worked so well we just carried on.  I laugh at my friends when they tell me about arguments over who spends what.......that's just never been a part of our lives.

I have a sneaky suspicion she's a better saver than I am....but I think she'd bail me out in a pinch. Cool

It's funny you say that LB --- my husband and I do the same thing. I pay for daycare, we split the mortgage, and he pays for everything else (car insurance, utilities, cable, etc). We have a joint account but we never use it. 

We are similar, although I make significantly more so the bills are shifted more towards me by about that same % amount.  Our joint account is actually our vacation fund.  We each put the same amount in there every month and that's how we save for our big vacations. 

2013-08-19 12:41 PM
in reply to: Guest


20

Subject: RE: Your Household Gross Income
We are in the 50-75k range. I work as a 911 emergency communications officer for a sheriff dept in Coeur d Alene, Idaho. As well as a part time EMT for the ambulance. My wife is a full time Nursing student at the local community college and works as a barista at our family owned coffee shop . We have 3 children, (5 and 4 year old twins)
We own our home as well as a rental home we lease out. My tri costs are probably below average, although a purchased a few new toys for this season. (A new Felt b16 tri bike and carbon fiber race wheels)



2013-08-19 1:09 PM
in reply to: Rogillio

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Member
626
50010025
Subject: RE: Your Household Gross Income
Originally posted by Rogillio

Originally posted by the bear

Originally posted by tacetman I've read that study and I wish it detailed their research methods a bit more. They actually don't really thoroughly discuss how they arrived at that "income" number. Is it gross household income? Gross personal income? I'm assuming gross personal but I couldn't find it anywhere. Plus, despite the lack of statistical power of my "study", I'm still curious how the BT community breaks down. Still better than polling first-year psychology students.

If you read the study, it does say household income. An excerpt from Part 2:

 

The average household income of triathletes is quite high—more than $126,000, which is
significantly higher than the national average and suggests that in an economic downturn,
triathletes, more than other segments of the population have the wherewithal to continue their
participation in the sport

 





So why is that? Do triathletes make more because of their natural drive and ability to self motivate or do people that are rich just have the time and means to pursue an expensive hobby?


I think it has a lot to do with age. Triathlons tend to attract an older population than some other sports because there is less strain on the body (due to switching between the different sports muscles) and older people often have more time to train. Older people tend to be more financially stable so they can afford the triathlon equipment and travel costs.
2013-08-19 1:32 PM
in reply to: b2run

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Alabama
Subject: RE: Your Household Gross Income
Originally posted by b2run

Originally posted by Rogillio

Originally posted by the bear

Originally posted by tacetman I've read that study and I wish it detailed their research methods a bit more. They actually don't really thoroughly discuss how they arrived at that "income" number. Is it gross household income? Gross personal income? I'm assuming gross personal but I couldn't find it anywhere. Plus, despite the lack of statistical power of my "study", I'm still curious how the BT community breaks down. Still better than polling first-year psychology students.

If you read the study, it does say household income. An excerpt from Part 2:

 

The average household income of triathletes is quite high—more than $126,000, which is
significantly higher than the national average and suggests that in an economic downturn,
triathletes, more than other segments of the population have the wherewithal to continue their
participation in the sport

 





So why is that? Do triathletes make more because of their natural drive and ability to self motivate or do people that are rich just have the time and means to pursue an expensive hobby?


I think it has a lot to do with age. Triathlons tend to attract an older population than some other sports because there is less strain on the body (due to switching between the different sports muscles) and older people often have more time to train. Older people tend to be more financially stable so they can afford the triathlon equipment and travel costs.


Good point. Older people also tend to make more money.....as I posted earlier, I make 5x what I made when I graduated college. Part of that is just inflation but a large part of it is simply being paid for 26 years of engineering experience.
2013-08-19 1:58 PM
in reply to: Rogillio

Member
65
2525
Ardmore
Subject: RE: Your Household Gross Income
just for sh_ts and giggles:
- married
- 3 kids
- single income (100k bracket for now....drop in pay coming next year of about 10%)

Can't wait for the wife to get back to work!!

junr


2013-08-19 2:20 PM
in reply to: lisac957

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Deep in the Heart of Texas
Subject: RE: Your Household Gross Income

Originally posted by lisac957 I always wish polls like this would indicate how many income-earning adults are contributing to the household. Makes a big difference from 1 to 2!

Yeah, we have two income-earning adults and four expense-laden triathletes.

2013-08-21 6:34 PM
in reply to: Rogillio

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48
25
Subject: RE: Your Household Gross Income
Originally posted by Rogillio

Good point. Older people also tend to make more money.....as I posted earlier, I make 5x what I made when I graduated college. Part of that is just inflation but a large part of it is simply being paid for 26 years of engineering experience.



I'd still call this line of reasoning "chicken-or-egg". Do triathlons really attract older people because of the relatively lower "toll" on the body? Or do triathlons attract EVERYONE (cause they're awesome), and older people (who typically make more money) are the only ones who can afford to participate in them to a high level of proficiency?
2013-08-22 6:36 AM
in reply to: Left Brain

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Regular
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Subject: RE: Your Household Gross Income
LB, the OP was asking a legit question. If you dont like the respones or comments, dont respond.
2013-08-22 8:23 AM
in reply to: hessma

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Alabama
Subject: RE: Your Household Gross Income
Originally posted by hessma

LB, the OP was asking a legit question. If you dont like the respones or comments, dont respond.


Why not? What is wrong with dissent?
2013-08-23 12:44 PM
in reply to: Rogillio

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Regular
362
1001001002525
Subject: RE: Your Household Gross Income
Originally posted by Rogillio

Originally posted by hessma

LB, the OP was asking a legit question. If you dont like the respones or comments, dont respond.


Why not? What is wrong with dissent?


dissent is fine, saracsm to others responses gets old.


2013-08-23 12:55 PM
in reply to: hessma

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Alabama
Subject: RE: Your Household Gross Income
Originally posted by hessma

Originally posted by Rogillio

Originally posted by hessma

LB, the OP was asking a legit question. If you dont like the respones or comments, dont respond.


Why not? What is wrong with dissent?


dissent is fine, saracsm to others responses gets old.


I agree. Sarcasm is the lowest form of wit. But it often sparks some lively discussion.
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