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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.
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
Though the 10th percentile of American households have zero net worth, ... trends between upper and lower class white ... the average person in the top 10% is a HNWI ...
Upper-Middle Class (Next 20%): The median net worth is $201,800. ... Net worth increases with age as people have more time to accumulate assets and pay down debts. The Federal Reserve data shows ...
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 combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1] As of March 2023, there were 735 billionaires in the United States. [ 2 ]