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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.
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 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.
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 ...
The two charts in this section show the average net worth of individuals in the top 1%, top 10%, 50th to 90th percentile, and bottom half of the population from 1962 to 2021. As of 2021, the average person in the top 10% is a HNWI, while the average person in the top 1% is a VHNWI.
Lower-Middle Class (Next 20%): The median net worth is $43,760. ... Upper-Middle Class (Next 20%): The median net worth is $201,800. ... The Federal Reserve data shows the average net worth rising ...
There is considerable debate as to how the upper middle class might be defined. According to Max Weber, the upper middle class consists of well-educated professionals with graduate degrees and comfortable incomes. The American upper middle class is defined using income, education, occupation and the associated values as main indicators. [2]
Here are the average net worths of each class, according to the Federal Reserve's most recent Survey of Consumer Finances: Lower class: $16,900 Lower-middle class: $58,550