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Falhawk
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1 - 06-23-2019, 17:01
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Or upper class and lower class
 
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-SS-
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2 - 06-23-2019, 17:05
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50K MC
 
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Edofnor
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3 - 06-23-2019, 17:15
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100k/yr household income for middle class

1m/yr household income for upper class

10b/yr household income (<100m on paper) for entry level elite
 
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Fool
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4 - 06-23-2019, 17:20
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I'd say 40-80k household depending on area, with a few outliers into the 100k territory for certain cities.
 
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amRam
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5 - 06-23-2019, 17:40
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In NYC or Anchorage?
 
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JustinCase
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6 - 06-23-2019, 17:50
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Anchorage is pretty fukin expensive
 
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Falhawk
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7 - 06-23-2019, 18:01
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Quote:
Originally Posted by amRam View Post
In NYC or Anchorage?
Location definitely matters.
 
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Zanthious
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8 - 06-23-2019, 18:12
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Quote:
Originally Posted by Edofnor View Post
100k/yr household income for middle class

1m/yr household income for upper class

10b/yr household income (<100m on paper) for entry level elite

uhm 250k/yr is considered wealthy which is what i would consider upper middle class. 1m/yr seems a little too high i would think like 500k+

and honestly at 500k you can pay off **** soo fast that it tends to stack extremely fast unless you just have a spending problem. Buize makes less than that and he literally has 0 debt and multiple houses.
 
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havax
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9 - 06-23-2019, 19:07
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Quote:
Originally Posted by Zanthious View Post
uhm 250k/yr is considered wealthy which is what i would consider upper middle class. 1m/yr seems a little too high i would think like 500k+

and honestly at 500k you can pay off **** soo fast that it tends to stack extremely fast unless you just have a spending problem. Buize makes less than that and he literally has 0 debt and multiple houses.
he also inherited like 6 million dollars on top of that. i'm sure it helps.
 
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Infernus
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10 - 06-23-2019, 20:24
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For individual (not household) income, I consider <$100k/yr lower middle class and $100-500k/yr upper middle class. $250k/yr is definitely not wealthy but I can understand how folks below that income level might think otherwise.
 
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Zanthious
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11 - 06-23-2019, 20:42
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it also plays alot into the area you are currently living. With the housing market being like what it is 500k/yr is where i would start. 10 years ago 250k was easily considered wealthy but i think it was 250k /after tax.
 
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bowl of blood
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12 - 06-23-2019, 20:50
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60k if single, 100k if married; up to
300k if single, 500k if married

but class isn't just about income. most secondary school teachers here make less than 60k and i would consider teachers by definition middle class.

i think it's more like if you get paid hourly, you're working class. if you get a salary, you're middle class. if your primary source of income is property/investment, that's upper class. small business owners are probably their own class entirely, since they make money off profit but it might not be that much.
 
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Semantik
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13 - 06-23-2019, 21:01
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on average:

Lower to Upper:

below 42K, 42k-120k-above 120k
 
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OneManArmy
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14 - 06-23-2019, 21:32
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https://howmuch.net/articles/income-classes-in-america

Too lazy to embed the image.
 
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Brasstax
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15 - 06-23-2019, 21:36
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Money has nothing to do with class
 
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Mitchdubai
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16 - 06-24-2019, 01:50
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Quote:
Originally Posted by Falhawk View Post
Location definitely matters.
This. In Dubai you need $100k for basic shit. Nowhere near middle class.
 
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def
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17 - 06-24-2019, 02:39
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middle class here in shitty SF, probably 200k/year
 
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ArakAtak
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18 - 06-24-2019, 08:39
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When the average house costs a million bucks you need to be well north of 200K to be comfortable

(only if u have kids as well that is)
 
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JustinCase
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19 - 06-24-2019, 09:18
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Can you even get a house for $1mm in that dump?
 
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Mitchdubai
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20 - 06-24-2019, 19:26
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I'm sure SF is pretty cheap compared to this place. House we live in is worth over a million even after the property market took a massive ****. In 2008 it would have been 2 million. We make well over $500k combined and can barely afford the salaries of our maid/driver/gardener/pool guy.
 
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