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The upper middle class consists of those in the 60th to 80th percentile of household income. The median net worth is nearly double that of the middle class. Average net worth for the upper class
The American upper middle class is defined using income, education, occupation and the associated values as main indicators. [2] In the United States, the upper middle class is defined as consisting of white-collar professionals who have above-average personal incomes , advanced educational degrees [ 2 ] and a high degree of autonomy in their ...
Honing in on New York during this same time frame, a 2012 annual household income that fell between the range of $38,455 to $115,366 meant a firm standing within the middle class.
High-cost areas like New York City or San Francisco may require higher income thresholds to maintain an upper-middle-class lifestyle. As such, the income range for the upper-middle class may need ...
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 ...
However, on a national scale, as of 2022, middle-income households had incomes ranging from $56,600 to $169,800. This means that lower-income households had incomes below $56,600, and upper class ...
The other boroughs, especially Queens and Staten Island, have large middle-class populations. New York City's per capita income in 2000 was $22,402; men and women had a median income of $37,435 and $32,949 respectively. 21.2% of the population and 18.5% of families had incomes below the federal poverty line; 30.0% of this group were under the ...
For the middle class, the median income was $106,092 for a family of three. ... Where you live significantly impacts your financial standing. For example, in a high-cost area such as Santa Clara ...