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re: What do you consider middle class?

Posted on 2/10/20 at 7:22 am to
Posted by AUCE05
Member since Dec 2009
45425 posts
Posted on 2/10/20 at 7:22 am to
Then you are not middle class.
Posted by AUCE05
Member since Dec 2009
45425 posts
Posted on 2/10/20 at 7:23 am to
Maybe I am physco cause I save right at 40k a year. I almost starve myself to do it.
Posted by BabyTac
Austin, TX
Member since Jun 2008
17194 posts
Posted on 2/10/20 at 7:23 am to
Middle class is prob household income of $150,000 - $250,000.

I’d think it’d be pretty hard to make ends meet on less than $150,000/year.

Less than $100,000 would prob be the poverty line.
Posted by slackster
Houston
Member since Mar 2009
91874 posts
Posted on 2/10/20 at 7:24 am to
quote:

Then you are not middle class.


I love your made up view of middle class.

Unless you're doing what less that 15% of wage earners do, you're not in the middle 50% of incomes.
Posted by OutOfNames
Member since Dec 2019
1104 posts
Posted on 2/10/20 at 7:24 am to
I got a huge tax cut, I get a raise every summer, deductibles are high but constant. Upper middle class based on info here.
Posted by slackster
Houston
Member since Mar 2009
91874 posts
Posted on 2/10/20 at 7:25 am to
quote:

Middle class is prob household income of $150,000 - $250,000.

I’d think it’d be pretty hard to make ends meet on less than $150,000/year.

Less than $100,000 would prob be the poverty line


Obvious troll is obvious.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481186 posts
Posted on 2/10/20 at 7:25 am to
quote:

What would you say is a middle class house hold income ?

45-85k or so

that's about the 43-85th percentiles
Posted by PUB
New Orleans
Member since Sep 2017
21227 posts
Posted on 2/10/20 at 7:25 am to
Tax cut to the middle class? It was miniscule and did not even offset soaring medical costs, shelter, insurance and food inflation.
The money went to Corporate and Upper Class and it was YUGE. Amazon paid less than 2% on billions of profit. GDP growth is less than under Jimmy Carter right now.
Posted by Centinel
Idaho
Member since Sep 2016
46710 posts
Posted on 2/10/20 at 7:25 am to
quote:

Both me and the ol lady each make 6 figure salaries, no children, in S.F. and I feel we are hardly considered 'middle class'


Move?

Posted by AUCE05
Member since Dec 2009
45425 posts
Posted on 2/10/20 at 7:29 am to
Pew research defines it from 45-135k. Depending what part of the country you live, that is enough to drop 19.5k in a fund and pay bills. So my assumption is not far off.
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/10/20 at 7:29 am to
quote:

Congrats on living in the real world, unlike the majority of this thread.




The numbers people throw around in this thread are just insane. It's nowhere near actual real world values.
Posted by NIH
Member since Aug 2008
124999 posts
Posted on 2/10/20 at 7:29 am to
There is a mix of trolling in this thread and those married to someone with a serious spending problem. The grocery thread was evidence of that. You had dudes claiming they spent north of $500 in groceries a week.
Posted by Centinel
Idaho
Member since Sep 2016
46710 posts
Posted on 2/10/20 at 7:29 am to
quote:

The money went to Corporate and Upper Class and it was YUGE. Amazon paid less than 2% on billions of profit.


This post was edited on 2/10/20 at 7:32 am
Posted by Centinel
Idaho
Member since Sep 2016
46710 posts
Posted on 2/10/20 at 7:31 am to
quote:

Less than $100,000 would prob be the poverty line.


Sounds like we need to raise welfare benefits to 100k a year.

Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
151577 posts
Posted on 2/10/20 at 7:32 am to
quote:

Move?
will eventually. We flirting with buying a second home in NO as a rental property to eventually move to once the signs of the bubble that will eventually burst in CA.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481186 posts
Posted on 2/10/20 at 7:32 am to
quote:

The only reason the water is muddied is because a shite ton of this board was raised upper class and was told it was middle class, so their view is warped. People typically have no clue how many people are making it on far, far less than they are.

yeah the disassociation from the bottom...hell, half of the population has really skewed the perceptions of posters

there was data posted earlier in this thread that's different than the data i found, but the median income is around 55k or so

that means HALF the population has a household income sub-55k
Posted by BestBanker
Member since Nov 2011
19724 posts
Posted on 2/10/20 at 7:33 am to
Does this graph measure using AGI or gross income? Thx
Posted by CivilTiger83
Member since Dec 2017
2525 posts
Posted on 2/10/20 at 7:33 am to
In metro areas like Atlanta, Charlotte, Nashville, Tampa, Houston I would say middle class is $60k-$200k, with upper middle class in the $150k-$200k range.

In smaller/less wealthy towns it is probably $50k-$150k, with upper middle class in the $100k-$150k range.

And a continuum between those two for places like Columbia, SC or Tuscaloosa, Al.
Posted by PUB
New Orleans
Member since Sep 2017
21227 posts
Posted on 2/10/20 at 7:33 am to
Amazon paid 1.2% versus 14% for average Americans.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
151577 posts
Posted on 2/10/20 at 7:34 am to
quote:

that means HALF the population has a household income sub-55k
project and trailer park dwellers skew the mean
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