Former President Jimmy Carter currently resides in a far more modest home than he did when he lived at 1600 Pennsylvania Avenue, the White House.
According to The Washington Post in 2018, Carter, who served as the country’s 39th president and was still alive at the age of 96, led a pretty regular — and affordable — life. In actuality, Carter continues to reside in the ranch house he built in 1961.
The two-bedroom ranch house in Plains, Georgia, which is 212 miles south of Atlanta and is in a rural location, is only worth $167,000, or “less than the value of the armored Secret Service cars parked outside,” according to the Post. According to the real estate website Zillow, Georgia’s median home price is $213,026, which is less than the national average.
According to the Post, one of Carter’s frugal tendencies is to spend weekends dining with neighbors while sipping inexpensive wine. He and his wife Rosalynn are said to make their yogurt, according to the report. Carter has reportedly been known to get his clothing from his neighborhood Dollar General store (he was present for the store’s opening in Plains in 2004), and he frequently travels for commercial work.
The Washington Post claims that Carter has made much of his money lately by authoring books. He has at least 33 publications to his name, including a children’s book and reflections on his time as president. Carter receives a $210,700 annual pension, as do all former presidents, and the federal government offers an allowance for travel and office space to all former presidents (there are 46 volumes available at Thriftbooks.com). According to a conservative advocacy group called the National Taxpayers Union Foundation, Carter collected more than $230,000 in such perks in 2017.
Compared to other living former presidents, Carter leads a much simpler existence.
Former President Barack Obama is well-known for his family’s annual summer vacation tradition on the picturesque (and pricey) Martha’s Vineyard. In 2017, he purchased a $8.1 million mansion in Washington, D.C.
Bill Clinton asserted that despite having a $16 million debt when he left the White House, it was swiftly repaid as a result of his well-received paid speeches and book deals. According to a 2001 tax return, Clinton made $13.7 million from his “speaking and writing company” while giving 57 speeches in his first year after leaving the office, per NPR.
Clinton has a $2.85 million home in Washington, D.C., as well as a $1.7 million property in Chappaqua, New York.
George W. Bush has given at least 200 paid speeches since 2009, collecting between $100,000 and $175,000 for each visit, according to Politico.
Contrarily, Carter is not a fan of the finer things in life. The 2002 Nobel Peace Prize winner acknowledges, “It just never had been my objective to get wealthy.