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People often wonder what lower, middle, and upper class really mean. Get a better understanding of these terms with the average net worth of each class. ... Average net worth for the lower class ...
The upper-middle class folks have an average net worth of around $300,800. Your typical middle-class family comes in at $169,420. And if you’re in the lower-middle class, you’re looking at ...
The upper class starts with an average net worth of $793,120. That's for the top 80% to 90% of earners. The top 10% has much more -- an average net worth of $2.65 million.
The American upper class is a social group within the United States consisting of people who have the highest social rank, due to economic wealth, lineage, and typically educational attainment. [ 2 ] [ 3 ] The American upper class is estimated to be the richest 1% of the population.
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 ...
Between 2007 and 2016, the median net worth of the top 20% increased 13% to $1.2 million. Of course, it’s still important to protect your wealth regardless of what economic tier you fall under.
Sociologists Dennis Gilbert, William Thompson, and Joseph Hickey, however, only divide the middle class into two groups. In their class modes the middle class only consists of an upper and lower middle class. The upper middle class, as described above, constitutes roughly 15% of the population with highly educated white collar professionals.
The upper class possesses nearly 67 times the net worth of the lower class. Here's a breakdown: Lower class: $12,000. Lower-middle class: $61,260. Middle class: $145,200. Upper-middle class ...
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