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re: Are you in the American middle class? Find out with our income calculator

Posted on 7/24/20 at 7:38 am to
Posted by lsusteve1
Member since Dec 2004
48566 posts
Posted on 7/24/20 at 7:38 am to
Upper
Posted by WDE24
Member since Oct 2010
54881 posts
Posted on 7/24/20 at 7:46 am to
This just lets me know that I waste way too much money.
Posted by Penrod
Member since Jan 2011
57611 posts
Posted on 7/24/20 at 7:56 am to
quote:

That’s amazing that everyone of you makes over $145,000 a year.

I work for an engineering company. Almost everyone at this company with at least ten years experience makes more than $145,000 per year on average. That includes draftsman with no college degree. In fact, the average pay rate is $67 per hour (with overtime paid). So the average person makes $139, 360 without any overtime. Most of the people who make substantially less than $67 per hour are draftsmen who get time and a half for overtime, so they can get over $145,000 easily. And 68.73% have truck nuts!!!!
Posted by TheWiz
Third World, LA
Member since Aug 2007
11893 posts
Posted on 7/24/20 at 8:27 am to
Posted by IAmNERD
Member since May 2017
24526 posts
Posted on 7/24/20 at 8:31 am to
Squarely in the middle class with 51% of my metro area.

I swear I feel like I'm in the lower class sometimes trying to support two kids.
Posted by GEAUXT
Member since Nov 2007
30628 posts
Posted on 7/24/20 at 8:53 am to
The issue with all of these stats is people's conception of "upper class."

My wife and I are both doctors, make a good living, and obviously fall into the upper category. We have a nice house and live in a nice neighborhood, but outside of that we do not live an extravagant lifestyle.

I think for most people that are on the lower end of the "upper" class it just means that you have enough disposable income to either live a fancy lifestyle OR build a nice nest egg, not both.
Posted by LSUrme
JP
Member since Oct 2005
5504 posts
Posted on 7/24/20 at 9:03 am to
I'd be upper if it wasn't for having another kid recently.

Damn you, children!
Posted by dandan
Member since Nov 2007
5107 posts
Posted on 7/24/20 at 9:23 am to
I agree with that. 145k household income in Houston area with a few kids and you don’t have much discretionary money outside of proper savings for retirment.
Posted by TheWiz
Third World, LA
Member since Aug 2007
11893 posts
Posted on 7/24/20 at 9:32 am to
quote:

The issue with all of these stats is people's conception of "upper class."


Exactly. My wife is a doctor and I am a VP for a private company. We live in our modest, starter home still. After making contributions to all of our retirement accounts, our next biggest outflows are childcare and student loan debt. Yes, we made the decision to have a costly nanny, but it was the only realistic way to ensure we weren't taking off and her missing clinics or me missing too much work. The nanny is double my mortgage and the student loans are $1,000 more than my mortgage each month. After that, we just try to make smart decisions. I drive a thirteen year old car. We have a pretty tight budget, etc...
Posted by USMEagles
Member since Jan 2018
11811 posts
Posted on 7/24/20 at 9:48 am to
quote:

Based on your household income and the number of people currently browsing TigerDroppings in your household, you are in the upper income tier, along with 23% of adults in Atlanta-Sandy Springs-Roswell.
Posted by cubsfan5150
NWA
Member since Nov 2007
18975 posts
Posted on 7/24/20 at 10:43 am to
I would think that someone that is in the upper tier of one of the wealthiest places in America could afford something larger than an 1.1k sq ft house
Posted by Three-n-Snout
Member since Nov 2012
1809 posts
Posted on 7/24/20 at 10:46 am to
Upper- NW AR
This post was edited on 7/24/20 at 10:49 am
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
37627 posts
Posted on 7/24/20 at 10:56 am to
Upper, along with 23% in the Chicago area.

No kids, unmarried.
Posted by FishinTygah84
LA
Member since Dec 2013
2036 posts
Posted on 7/24/20 at 11:32 am to
quote:

Upper. 23% of people in my area are also in my income/class bracket.


+1

I am thankful everyday for where i am in life.
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
61384 posts
Posted on 7/24/20 at 11:35 am to
>145,000 is considered upper class??



Not with today's expenses
Posted by LordSnow
Your Mom's House
Member since May 2011
6113 posts
Posted on 7/24/20 at 11:49 am to
Upper in the Austin Round Rock area
Posted by Rize
Spring Texas
Member since Sep 2011
19857 posts
Posted on 7/24/20 at 11:15 pm to
quote:

Exactly. My wife is a doctor and I am a VP for a private company. We live in our modest, starter home still. After making contributions to all of our retirement accounts, our next biggest outflows are childcare and student loan debt. Yes, we made the decision to have a costly nanny, but it was the only realistic way to ensure we weren't taking off and her missing clinics or me missing too much work. The nanny is double my mortgage and the student loans are $1,000 more than my mortgage each month. After that, we just try to make smart decisions. I drive a thirteen year old car. We have a pretty tight budget, etc...




How old are y’all? I’m guessing early 30’s?
This post was edited on 7/24/20 at 11:16 pm
Posted by Tdogg78
Member since Aug 2018
247 posts
Posted on 7/25/20 at 2:10 am to
Upper


But I live in Jackson, MS




So does it even count?
Posted by FLObserver
Jacksonville
Member since Nov 2005
16283 posts
Posted on 7/25/20 at 2:51 am to
quote:

I'd be upper if it wasn't for having another kid recently.

Damn you, children!


Kids toke me from upper to middle as well
Posted by hankiba
Member since Feb 2017
348 posts
Posted on 7/25/20 at 11:24 am to
Upper- RN and high school teacher/coach who just grind away.
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