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Upper middle class (15%) Highly-educated (often with graduate degrees) professionals & managers with household incomes varying from the high 5-figure range to commonly above $100,000. The rich (5%) Households with net worth of $1 million or more; largely in the form of home equity. Generally have college degrees. Middle class (plurality/
According to a 2021 Pew Research study that classifies adults as middle class if they belong to a household with income between 2/3 and 2x median household income ($52k-$156k for a household of three), the percentage of Americans in the middle class declined from 61% to 50% over the previous five decades (1971-2021) with 4% moving down into the ...
The median wealth of married couples exceeds that of single individuals, regardless of gender and across all age categories. [11]It is impossible to understand people's behavior…without the concept of social stratification, because class position has a pervasive influence on almost everything…the clothes we wear…the television shows we watch…the colors we paint our homes in and the ...
“Upper middle class people usually have a regular, above-average income that covers basic needs without worrying about money,” said Mains. ... Additionally, affluent volunteers donated an ...
The upper middle class hires people to make sure they are. According to a Northwestern Mutual study, ... The wealthy don't pay more than they legally have to, and neither should you. Smart tax ...
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In sociology, the upper middle class of the United States is the social group constituted by higher-status members of the middle class in American society. This is in contrast to the term lower middle class, which refers to the group at the opposite end of the middle class scale. There is considerable debate as to how the upper middle class ...
The middle class has been steadily shrinking since 1971. According to the Pew Research Center, however, roughly 51% of Americans still fell into this category in 2024. While defining each class is...