There's just no path to home ownership in the DC area for the fed career path after the ZIRP era. A capable person would have to be insane or desperate given the economics alone.
DC has the highest per capita income of anywhere in the US (vs other states/territories), so when you realize federal workers are producing the most value for America the economics are at least a little better. If you look at relative economic slackers like workers of NYC and the private industry where less value is per capita created, it's a bit rougher.
Googling average Federal worker income in DC, every number I came up with was the above the average for DC, and DC is higher than every other state/territory.
I find nothing supporting your assertion but plenty opposing it. Feds are not only pulling it up, but the biggest group of people doing so.
One thing to remember is that federal workers tend to be older because most agencies have been encouraged to hire contractors for decades. That skews averages up towards the mid-career managers, which will seem high if you compare it to the entire job market but if you only compare them with similar private sector employees who have comparable experience and skills they’re underpaid.
Yeah, it's marginally above average for DC, but that doesn't mean they're "raking it in". The average (which is a bad metric for income) is dragged up by the wealthy in DC balancing out the poor in DC, not hordes of Federal Workers (most of whom live outside DC in Maryland/Virginia, FWIW) making $120k.
What number do you have for median federal worker income in DC then? The median representing the 'hordes' were making $120+k from what I saw, not just the average.
Okay, cite your source for that. ZipRecruiter says the median federal income is $125k, with other sources saying the average is $130k. I don't see any source saying they're making way more than that.
This is a distorted comparison and you know it. DC in unique among US states and territories in that it encompasses a major metropolitan area with no rural regions. In this comparison, DC also leads the country in population density, average building height, public transit usage, latte consumption, and any other correlate of living in a city.
No it doesn't, not according to the linked data you're proposing. I sorted by per-capita income of MSAs on the second table of that page, it shows DC MSA blowing the other metropolitan areas away. Might not still be accurate as that's a 2010 census, but you're the one insisting on it.
Looks like you're the one, distorting your own citations, mate and you "know it." Methinks this a case of psychological concept known as 'projection'.
I thought you had to realize that comparing DC to a state like California wasn't going to be an apples-to-apples comparison, which is why I wrote, "and you know it." I'm sorry for making assumptions.
You're also right, I was sloppy with my citation. I looked into the source data, and I believe Wikipedia's second table may be wrong here. Here is B19301 from the 2010 census. The Bridgeport MSA is first: https://data.census.gov/table/ACSDT5YSPT2010.B19301?q=b19301...
Unfortunately, the table on Wikipedia is uncited (beyond the 2010 census) and was added by an anonymous IP address editor, so I don't know how they got their numbers. I'll double check my work and update the article if I don't find anything else.
Generally, though, my point is that if you compare the states and DC, you'll find that DC is an outlier on a lot of dimensions. If you compare the DC metro area with other MSAs, a lot of that exceptionalism goes away.
