Pic ctsy -OrderFinancialGenius
The Median Income per household in the city of Houston is $37,483.
Thats 16.5 Lakhs INR per annum. :) Remember the post we had on India beating US. With that memory , think about this. To my knowledge, the average income in India would be around Rs.3000, and an annualized income of Rs. 36,000.
That sounds bad, doesn't it.
Look at the definitions of poverty in US. "The poverty threshold varies by household size. A family of three with a child younger than 18 was considered to be living in poverty last year if its annual income was $14,974(Thats 6 Lakhs Our money) or less. For a family of two, the poverty level was $12,334.(5 lakh in our money)"
That means either of the 2 things. Iam crazy enough to confuse economics, or I live well below the poverty line.
Hmmm... But God has promised to make me richer. "A Day Would Come"