You decide.
Many, many years ago I thought I wanted to be a gunsmith. After looking into it I decided otherwise.
Using data available today, here’s information for where I live. Housing costs, incomes, salaries for this area are very near the national averages. A bit lower actually.
Median household income; $95,209
Per capita income; $51,477 (it’s important to note that this includes the entire population, every man, woman and child including babies. Old people, students, unemployed. Not just wage-earners.)
Median gunsmith salary; $47,596
So, your income will be just about 50% of the median household income. No problem, it just means that your domestic partner better have an income that’s equal to or better than yours if you want to have an average lifestyle. Or be willing to live in a rented apartment, drive old cars, and have cheap (or no) vacations.
If you have a spouse and two kids and yours is the only income yo will be at 158% of the poverty level and that’s not a good place to be.
Of course these are all averages and there are exceptions. And we all, myself included, believe we can “make it,” we are all above average. But remember, 50% of the people are below average! I may be among the best at some things and among the least successful at others.
Market forces and economic realities are powerful things to work against and it takes a very, very bright and innovative person to beat them.
Many, many years ago I thought I wanted to be a gunsmith. After looking into it I decided otherwise.
Using data available today, here’s information for where I live. Housing costs, incomes, salaries for this area are very near the national averages. A bit lower actually.
Median household income; $95,209
Per capita income; $51,477 (it’s important to note that this includes the entire population, every man, woman and child including babies. Old people, students, unemployed. Not just wage-earners.)
Median gunsmith salary; $47,596
So, your income will be just about 50% of the median household income. No problem, it just means that your domestic partner better have an income that’s equal to or better than yours if you want to have an average lifestyle. Or be willing to live in a rented apartment, drive old cars, and have cheap (or no) vacations.
If you have a spouse and two kids and yours is the only income yo will be at 158% of the poverty level and that’s not a good place to be.
Of course these are all averages and there are exceptions. And we all, myself included, believe we can “make it,” we are all above average. But remember, 50% of the people are below average! I may be among the best at some things and among the least successful at others.
Market forces and economic realities are powerful things to work against and it takes a very, very bright and innovative person to beat them.
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