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News: Married Gay Dads Make the Most Money
Member Since: 8/7/2015
Posts: 801
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Married Gay Dads Make the Most Money
Quote:
A new research paper from the Treasury Department has revealed a significant wage difference between married same-sex and different-sex couples.
Joint tax returns for 2014revealed that the average household earnings of a male same-sex couple is $176,000. Comparatively, this figure is about $52,000 more than a female same-sex couple and $63,000 more than a different-sex couple.
The New York Times points to a number of factors that may account for this wage difference, including the gender pay gap, the cost of child care, and location. Same-sex couples are likelier to live in coastal areas with higher wages — and a higher cost of living.
The study, which estimated there were 183,280 same-sex marriages in 2014, also revealed differences in where gay couples versus lesbian couples tend to cluster.
In descending order, male same-sex couples are concentrated in San Francisco (3.2 percent), Washington, D.C. (2.7 percent), New York (2.4 percent), Palm Springs, Calif. (1.7 percent), Seattle (1.4 percent), Oakland, Calif. (1.4 percent), Los Angeles (1.1 percent), Long Beach (1 percent), Fort Lauderdale, Fla. (1 percent), and Boston (1 percent).
Female same-sex couples are concentrated in Oakland (2.1 percent), Seattle (1.3 percent), San Francisco (1.1 percent), Springfield, Mass. (1.1 percent), Long Beach, Calif. (1 percent), Washington (0.9 percent), Boston (0.9 percent), Portland, Ore. (0.9 percent), and Madison, Wis. (0.8 percent).
The study also revealed another noteworthy statistic: The demographic with the highest household income is male same-sex couples with children. With an average pretax income of $275,000, these households reported more than twice the earnings of female same-sex couples and different-sex couples. This is likely due to the high cost of surrogacy and adoption, which can be a deterrent to less affluent male same-sex couples seeking to grow their families.
Since the data reported is from 2014, this study likely underrepresents same-sex couples across the United States, which did not have marriage equality nationally until 2015. But as the Times notes, “Maybe the best way to think about these Treasury numbers is as a floor, lower than the hypothetically perfect count of gay marriage but the closest we’ve ever come to one.”
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http://www.advocate.com/people/2016/...ce=twitter.com
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Member Since: 4/12/2012
Posts: 10,997
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That's surprising cause I'm a broke bitch.
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Member Since: 6/20/2012
Posts: 8,593
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Member Since: 5/7/2012
Posts: 16,235
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By race please because you know - intersectionality and all that
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Member Since: 8/17/2013
Posts: 7,248
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No surprises, I've always thought gay men are a very successful demographic financially.
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Member Since: 5/27/2016
Posts: 4,103
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I'm bi, so will I be semi-rich then? 
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Member Since: 1/1/2014
Posts: 7,037
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Gays know how to make money, this is a well known fact
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Member Since: 5/27/2016
Posts: 3,578
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I want to know if different races were in this and not just white gays
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Member Since: 8/7/2015
Posts: 9,420
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Duh!
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Member Since: 5/27/2016
Posts: 985
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Lemme adopt real quick
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Member Since: 5/27/2016
Posts: 2,251
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Well obviously. Men on average earn more so when you have it times x2... it's just logical...
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Member Since: 1/1/2014
Posts: 15,128
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Quote:
Originally posted by Serendipity
By race please because you know - intersectionality and all that
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Quote:
Originally posted by C SLAYCLAIR
I want to know if different races were in this and not just white gays
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Not to sound ignorant, but what do the racial demos matter in this study? Lots of POC gays make coin.
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Member Since: 8/19/2013
Posts: 32,982
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Well, they have considerably less expenses and both benefit from the glass ceiling and wage disparity that limits females, along with the lack of any maternity leaves.
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Member Since: 1/19/2012
Posts: 13,768
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Talent always wins
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Member Since: 5/27/2016
Posts: 2,555
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Quote:
Originally posted by Roman Holiday
Not to sound ignorant, but what do the racial demos matter in this study? Lots of POC gays make coin.
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The point is that non-white, especially black gay men, face income and wage discrimination, specifically because they are black. Saying married gay men make an average pretax income of $250k doesn't show the whole picture and how likely it'll skew lower based on race because gay people of color face different prejudices than white gays.
Married straight people are already more likely to be well-off and rich (poor people don't get married as often anymore because the main pro to marriage is the legal issues often about shared income and why bother if you don't have significant income?), so I'm not shocked these statistics don't vary or change with gays.
But they're a very tiny portion of the overall LGBT people. Good for them though. Now let's work on trickling down some of that progression to everyone. 
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Member Since: 5/27/2016
Posts: 2,208
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Hunties always win
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Member Since: 3/15/2013
Posts: 4,060
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Quote:
Originally posted by Eternium
Well, they have considerably less expenses and both benefit from the glass ceiling and wage disparity that limits females, along with the lack of any maternity leaves.
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I'd also imagine the cost of just getting a child is higher for gay men than any other demographic, thus resulting in only well-off couples becoming parents in the first place.
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Member Since: 5/27/2016
Posts: 3,578
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Quote:
Originally posted by Roman Holiday
Not to sound ignorant, but what do the racial demos matter in this study? Lots of POC gays make coin.
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Quote:
Originally posted by Communion
The point is that non-white, especially black gay men, face income and wage discrimination, specifically because they are black. Saying married gay men make an average pretax income of $250k doesn't show the whole picture and how likely it'll skew lower based on race because gay people of color face different prejudices than white gays.
Married straight people are already more likely to be well-off and rich (poor people don't get married as often anymore because the main pro to marriage is the legal issues often about shared income and why bother if you don't have significant income?), so I'm not shocked these statistics don't vary or change with gays.
But they're a very tiny portion of the overall LGBT people. Good for them though. Now let's work on trickling down some of that progression to everyone. |
thanks for breaking it down boo
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Member Since: 5/27/2016
Posts: 2,231
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Skilled white gays
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Member Since: 4/20/2012
Posts: 6,896
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Adopt me dads.
Omg, imagine being the sugar boy of TWO dads in one house.
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