How Much is Jimmy Carter's House Worth vs. Obama's, Clinton's and Bush's?
A Reprint of original popular blog:
Jimmy Carter is perhaps the most controversial US President among Iranians in exile. Kingdom loyalists and supporters of former deposed King (Shah) blame him for the 1979 Islamic Revolution. Opponents of the Pahlavi dynasty applaud Carter for not forcing Shah to massacre street protesters and for allowing a fairly peaceful transition. What is not in dispute about Jimmy Carter is his frugal and modest lifestyle, especially as compared to President Trump and former Presidents like Obama, Bush and Clinton. Carter is also the last US President - among the few ever - with science and engineering background.
According to CNBC, Carter, now 93, still lives in the ranch house he built himself in 1961 in rural Plains, Georgia (about a 2.5-hour drive south of Atlanta), a two-bedroom ranch assessed at just $167,000, which is "less than the value of the armored Secret Service vehicles parked outside!" It’s also less than the median home price in Georgia, which is $175,300, according to real estate site Zillow.
Carter receives a $210,700 annual pension, as do all former presidents
In addition to his affordable home, Carter’s frugal tendencies include spending weekends dining with neighbors on paper plates with bargain-brand wine, the Post says. In addition, it says he and wife Rosalynn make their own yogurt. Carter has also been known to buy his clothes at his local Dollar General store, according to a 2011 Rolling Stone story (he showed up for the store’s opening in Plains in 2004), and he often flies commercial, recently shaking hands with passengers on a Delta flight from Atlanta to D.C. in June.
Carter’s modest lifestyle is sharply different from those of other living former presidents.
In 2017, former President Barack Obama purchased an $8.1 million mansion in Washington, and is well known for his family’s tradition of taking a summer vacation to the picturesque (and pricey) Martha’s Vineyard. The secluded property they would rent out for those vacations just sold for $15 million.
It’s been reported by NPR that his first year out of office, former President Clinton raked in a whopping $13.7 million from his speaking and writing business, according to a 2001 tax return. Clinton’s real estate portfolio includes a $1.7 million home in Chappaqua, New York, and a $2.85 million home in D.C.
In 2015, Politico reported that George W. Bush had given at least 200 paid speeches since 2009, typically making around $100,000 to $175,000 per appearance.
Unlike most former Presidents, Carter is an avid charitable philanthropist. For 35 years, Carter and his wife have been dedicated volunteers for Habitat for Humanity, a global nonprofit housing organization working in local communities across all 50 states in the U.S. and in approximately 70 countries.
But fancy living is not Carter’s style. Instead, the 2002 Nobel Peace Prize winner says, “It just never had been my ambition to be rich.”
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