<p>LOL at the folks saying “omg im not upper class we make $175k thats not rich.”</p>
<p>Get a clue. Seriously. You are completely out of touch with reality.</p>
<p>Any family with an income over $150,000 is in the top 6 percent of all American families. Anyone over $80,000 is solidly in the top 25 percent. </p>
<p>Median income is $50,000. The middle quintile is $35,000-$55,000. That is middle class. Not “50 to 90k.”</p>
<p>To the person with a family making $150k and thinking they’re “between poor and middle class”: smh.</p>
<p>And before someone screams OMG LIBRUL BIAS!!1one!eleven1!.. It’s not like we have whole government agencies to compile these statistics or anything.</p>
<p>If you can count your family in those top two quintiles, remind yourself every day how lucky you really are. Because most Americans don’t get those same opportunities.</p>
<p>I live in Hawaii, prices here are really high.
I’d say ~200,000 is upper middle, but it probably wouldn’t be until ~300,000 to be considered upper.</p>
<p>My family makes around $260,000 - $275,000 and we don’t feel “upper class” at all. I live outside of St. Louis, in a known “hick” county. The average family income here is $40,000. My family lives in about a $400,000 (4,000 sqft) house and my parents drive Ford Escapes, nothing outrageous. We do have a cleaning lady and we’re lucky enough to be able to afford many things, but besides that we are definitely not what the media considers “upper class”. When I consider what “upper class” is I imagine a substantially larger income.</p>
<p>I know to many that sounds like a lot, but I don’t live too far off from people at my school whose parents make significantly less. My parents still complain about money at times and it’s like a typical family. </p>
<p>Gosh, I tried not to make this post sound boastful, but I believe I failed. Just saying, it all depends on multiple circumstances. We are a family of four and do not feel like we are better off financially than most. Of course, my parents aren’t the best financial planners ever, either.</p>
<p>In all honesty, this type of statement shows a pretty strong disconnect with reality. I don’t know what proportion of families have 2 working parents, but since it’s an extreme, it’s probably not average. And to see number figures and think they should be doubled – by any objective standard that’s pretty far off.</p>
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<p>This doesn’t really make sense to me. Your family has significantly higher income than the people in the surrounding area, and it lives in a large house with cleaning service. But at the same time this is similar to the people in the surrounding area? And your family isn’t financially better off?</p>
<p>I really didn’t make myself clear, which was my fault because it’s early in the morning.</p>
<p>A lot of people around here have cleaning services, it’s not that far fetched. Also, the typical house I’d say is around $300,000 and similar in size. We live a very typical lifestyle, very comfortable, but nothing “upper class”. That’s why I’d say everything in the $200,000 range is still upper-middle.</p>
<p>It all depends on where you live, but I’d say that (on a national level) a family income of $45,000 to about $70,000 would be middle class, and an income of $70,000 to $120,000 would be upper middle class. </p>
<p>Within San Francisco and its surrounding areas though, the middle class income probably falls around $75,000 to $90,000, and an income of $90,000 to $150,000-$160,000 would likely be consituted as upper middle class. </p>
<p>^That’s mainly an example of one of the more expensive areas of the U.S. though, where the average income exceeds $70,000 and minimum wage is $10 per hour.</p>
<p>Anyone making $200,000 per year is in the top 5 percent of all American household incomes.</p>
<p>I’m not sure what kind of math class teaches that the 95th percentile of something is remotely close to the “middle” of a distribution, but it’s not a reality-based one.</p>
<p>Well honestly, it depends on where you live. SF Bay Area, CA… doesn’t exactly equate to low living costs…
I think 110k-250k here is upper middle class. </p>
<p>Out of curiosity, what do your parents do? (As in jobs) I’ve always wondered what jobs people do and their salary in real life. (…what an incoherent sentence. I apologize loll)</p>
<p>My family makes 200k a year. Yet, while I do live in a very nice part of Boston, I have avery crappy house. Like not that it is small (4 bedroom) it’s just old. My family tries to save money on everything. Our thermostat is kept at a stric 62 degrees. And remember, after taxes, 200k is 130k. By the way, both my parent are engineers.</p>
<p>Where I live, upper class is the people that can afford to pay 20k/month for a house. Google Acorn Steet, Boston or Louisburg Square, Boston and you’ll see what kind of houses UPPER class lives in. Those cost around two or three million.</p>
<p>haha well according to this I would definitely be upper class (~400K) which is definitely a hella lot of money but when you live between georgetown (washington, DC) and the upper east side (in a freakin $22million dollar penthouse- BECAUSE you’re grandparents gave you it …) it’s different like yeah my parents have a lot but compared to the biddies in the UES I’m poor (IN THAT SENSE) it really depends where yoou live</p>
<p>It definitely depends on where you live. In general the northeast has a high cost of living. To rent a two bedroom apartment in a bad area will cost over $1200 month. Family of four will have a hard time paying their bills on 60,000yr.</p>
<p>My family’s income bracket is $175k, and I dont consider that “upper” class. I’d say it is “mid-/upper” class though. I’d say $250k is considered upper-class.</p>
<p>I’d consider my family upper middle class. Around 140k a year, decent house, good neighborhood, but our debt to income ratio is really high, which basically makes my parent say they have no money to pay for my schooling.</p>
<p>Doesn’t help living in Northern Va, an affluent area.</p>