Ames Population?
- Thread starter CY9008
- Start date
The students are figured into the population. The way the city sees it, the students use the water and contribute to the sewer and so on so they have every right to count them. That is straight from one of the council members mouth.
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DistrictCyclone
Guest
Paradoxically, including students probably increases the median household income. The denominator in the calculation is "households" regardless of the number of income-earners per household; since students are more likely to live in housing arrangements that have multiple income-earners, there's likely more income per household among students relative to the general population, even though individual students' incomes are low.
Per example, a party house on Welch Avenue contains six dudes that each earn about $15,000 per year from part-time jobs; their household income is $90,000/year, which is probably larger than the per-household income of an early-career couple, a well-off single parent, or a fixed-income retired couple.
A lot of times companies/businesses/economic development teams will state the population as in how many people a certain business will be able to pull in. The 129,000 number may come from Ames, Boone, Nevada and then the perceived amount of residents from Marshalltown, FT. Dodge, Webster City willing to travel to use Kohls & TJ Maxx.
I doubt many students make over $10k in their part time jobs, but I get your point.
CycloneErik
Well-Known Member
$10k isn't that hard to find in a job. That's basically $9-10/hr for 1040 hours (20 per week).
Even less than $9-10 per hour will still get them over $10k easily if they work in the summer.
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DistrictCyclone
Guest
I'd be a disgrace to my econ profs if I didn't use examples that were completely out-of-touch with reality :wink:
How much could a banana cost anyways; 10 dollars?
Maybe times have changed in the past 6 years, but its pretty hard to find a more traditional part time job that pays much over $9 an hour. Even more so, its pretty hard top find many college students in todays age that will work much over 20 hours a week during the summer.
Huh? The majority of my friends in college do. I have an intern sitting six feet away from me and she works full time hours.
I didn't say nobody worked full-time, but my guess would be out of all the ISU students who are not in summer classes, a majority of them are not working 40-hours a week during the summer. I tried finding the article I read a couple of weeks ago that talked about how every year more and more college students are relying on financial aid rather then getting full time jobs during the summer. Really, there is not enough of a job supply out to match the demand. In Iowa alone there are probably somewhere around 75,000 college students who don't take classes in the summer. Id say of the people I knew in college, it was probably equal in those who worked full-time, those who worked part-time and those who didn't work at all.
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You have to rely on financial aid more as the cost of tuition continues to rise but the pay for the summer jobs stays the same.
I guess I don't know how the other colleges at Iowa State work but I'd venture a guess more than 50% of the College of Business students are working full time or nearly full time.
The article was more talking about how more students just decide to not work because finical aid is available and they use the mentality that someday they will be making more money and they can just repay their loans then. Regardless, the point of me bringing it up was to show that the average college student does not make over $10k/year. I worked 20-30 hours a week at Hy-Vee during the school year, and 40 during the summer, and I barley made over $10k
I made over $10,000 annually but I also worked a lot more than most so it isn't completely out of the question. Finding a job over $9/hour isn't that hard on campus.
I'm also going back about 5-10 years, back when minimum wage was still $5.15, so I'm probably using outdated data.
Whoa, whoa, whoa. Fart Dodge has it's own Kohl's now. There are a million reasons to leave Fart Dodge and go to Ames, but that new Kohl's doesn't male it a million and one....
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DistrictCyclone
Guest
It's purely anecdotal, but I notice that a lot of students still work full-time during the summers, but often take "gap weeks" between school and their summer jobs. A couple of the interns in my office now, for instance, are leaving in late July so they can travel in Spain for a couple weeks before school starts back up.
I don't know if this is a "generational" thing that's changed in the last 7-8 years, if it's typical for students at East Coast universities, or a little of both, but I can't think of anyone I went to college with who did this. We either took classes or worked as hard as we could during the summers to save money.
