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Started By
Message
What do you consider "Upper Middle Class"?
Posted on 3/17/14 at 2:37 pm
Posted on 3/17/14 at 2:37 pm
I have not a clue
Posted on 3/17/14 at 2:38 pm to Hoyt
400k net
ETA: per year
ETA: per year
This post was edited on 3/17/14 at 2:39 pm
Posted on 3/17/14 at 2:38 pm to Hoyt
quote:
I have not a clue
This definition (plus others) is probably due for a rethinking with all the student debt floating around, which essentially knocks people down a peg from the income stream they are paying taxes on.
Posted on 3/17/14 at 2:39 pm to Old Money
quote:
250k salary I'd say.
That would put you in the top 2% of all US households
Posted on 3/17/14 at 2:39 pm to Hoyt
depends on where they live but probably 200-400K imo
lower upper class >400-800K
middle upper class 800K-1.5M
OT>1.5
lower upper class >400-800K
middle upper class 800K-1.5M
OT>1.5
This post was edited on 3/17/14 at 2:41 pm
Posted on 3/17/14 at 2:39 pm to Old Money
quote:
250k salary I'd say.
That's higher than like 90 something percent of the entire country's household income. Don't know how that would be "the middle" at all.
This post was edited on 3/17/14 at 2:40 pm
Posted on 3/17/14 at 2:40 pm to zztop1234
keeping that much in a checking acct is new money dumb.
Posted on 3/17/14 at 2:40 pm to Hoyt
Considering US median household income is ~50k, I would say somewhere around 100k and upper class would be anywhere above 250k.
This post was edited on 3/17/14 at 2:42 pm
Posted on 3/17/14 at 2:41 pm to JPLIII
quote:
Around 90k household income.
yep
Posted on 3/17/14 at 2:41 pm to JPLIII
quote:
Around 90k household income.
this is probably the only decent answer yet
Posted on 3/17/14 at 2:41 pm to Old Money
quote:
250k salary I'd say.
I would say this amount for a family
Posted on 3/17/14 at 2:42 pm to PhiTiger1764
quote:
250k salary I'd say. I would say this amount for a family
WTF people...
what is the poverty line in your opinion?
80k?
Posted on 3/17/14 at 2:42 pm to Hoyt
Upper middle class to me is 150k. 20k plus in liquid cash.
Posted on 3/17/14 at 2:43 pm to barry
quote:
That would put you in the top 2% of all US households
That is relative to where you live. 250k in Miami is pretty normal
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