re: What do you consider "middle class"?

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IMO:

Lower Class: Up to $15K
Lower/Middle: $15K - $50K
Middle: $50K - $250K
Upper/Middle: $250K - $500K
Upper: $500K and above

What say you, Amurica?

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I'd say net worth matters a lot more, imo, in this discussion than a salary at a given point in time.

In other words, someone who was making $75K a year and then starts his own business and the first year makes $500K does not immediately go from middle to upper. And I highly doubt they'd immediately change their cultural and spending habits after one good year.

In Louisiana...in terms of household income:

Lower class..under 20K
Lower/middle...21K-35K
Middle..35K-60K
Upper Middle..61K-90K
Upper...over 91K

Keep in mind that it's a bell curve. The vast majority of families in La. are in the 30-60 range. It is not an equal distribution.

Also consider that older families making 80K are not as rich as young families making 80K.

I would bet that 100K per household in La. is in the top 10 percentile. Easy.

Good find fizz, but caveat that your figures are true for an individual, not a household

2:40 am? Damn dude, do you come in from the bar and head straight to the money board?

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if your name is on your shirt then your lower class.

if your name is on your desk then your middle class.

if your name is on the building then your upper class.

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And if you don't know the difference between "your" and "you're" then you skipped spelling class.....

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lower class - blue collar workers
middle class - white collar workers & professionals
upper class - old money who live off of investments

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What are retired people? Don't say old....

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income does not follow a bell curve in terms of distribution.

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plus 1.

BTW: What do you mean "in terms of distribution"? A bell curve is inherently "in terms of distribution".

That's like saying "a double-stack costs 99 cents in terms of how much a double-stack costs".

BOOM