How do I know if I am middle class?

[Anonymous]

Are you defeatist?

[Anonymous]

Why on earth are we reviving a thread that’s over a decade old?

[Anonymous]

Anonymous wrote:Is everyone middle class? That doesn't really make sense because of the word middle. What is below that? Low class? Under class? How do I know where I fall? Should I just pick what I want?

If you have to ask DCUM...

[Anonymous]

There is working class and ruling class.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think we need another category, something between middles class and rich. Upper middle class does not cut it because everyone is fighting over what makes up the "middle".

Our HHI is $300K+, two working parents. We have a small amount of debt in addition to our mortgage but all student debt is paid off and we are on track to eliminate all non-mortgage debt within the year. We live in a small, not updated, close in house in DC with a good school district. We expect to finally be able to update our house in the next year or so once (1) non-mortgage debt is gone, and (2) our youngest starts K and there is no more private preschool/daycare bill. We can afford to eat mostly organic, take occasional vacations, drive decent cars that we keep for about 10 years, and we will ensure that our children have excellent educational options and can attend the best college for them that they get into. We are saving for retirement. We usually drive over flying when traveling because of cost but we will stay in nice hotels because we like them. We recognize we are very well off, but not rich in the common understanding of that word as portrayed in movies and on TV. We do not make financial decisions without thinking them through. We get upset when there is a problem with the a/c or roof or something else because such expenses are a big deal to us.

So, what is the name for this category that does not (1) insult people that are struggling financially because it understates how well off a HH is as compared to the country and the world or (2) overstate how well off a HH is in its day to day experience of life and relative to the truly wealthy.

I'm sorry you don't get it, but you are upper class. Not even upper middle class, your salary puts you in upper class. period.

No one is saying that upper class or even rich people don't have to watch what they spend money on or be prudent or practice self-restraint.

An HHI of $300k, even in this area, is upper class.

Movies and TV are not real, folks.

Not if all the money goes out the door in tuition.
It's really the only thing I spend money on, and it adds up. I believe most people in the same boat would say 425-500K. Colleges are 95K, multiple kids in K-12 adds up quick. I get that private schoois a choice, but if you make that choice, there's really not much left over on $300K. And I'm talking about Catholic schools, not super expensive K-12 schools. We drive old cars, don't take fancy vacations, etc.

[Anonymous]

If you need your salary to live, you're middle class. You may be upper middle class, but the upper class doesn't get W-2s. Neither does the lower class, I suppose. So most of American is middle class, whether lower middle, middle middle, or upper middle, because that's how bell curves work. I'd define middle (including lower, middle, and upper) by the receipt of a W-2. The size of your W-2 will decide if you're lower middle, middle middle, or upper middle.

[Anonymous]

I think most people who work consider themselves middle class. Lower class are those on welfare. Upper class are those living off trust funds or who make millions.

[Anonymous]

Anonymous wrote:I agree with the posters who are suggesting that it's necessary to evaluate SES (which is what I think the OP was referring to - not her ability to know which silver to use at dinner or whether there are cars on blocks in her yard) by at least partially factoring in geography. This is a very expensive area. I moved here from a college town in the Midwest and when we were first looking to buy a house, I was more or less traumatized by the prices. A quarter of a million dollars for a 2 bedroom/1 bathroom house in a further out PG county suburb? At least $1000 in rent for a studio apartment on 16th Street? I was coming from a town where making $23,000 a year working in an office while going to school full time was perfectly fine, because my rent for a 2 bedroom apartment in a nice neighborhood was around $700/month.

I am in my early 30s, college educated and working as a legal secretary at a medium sized firm downtown. My father is a tenured professor at a state school in the Midwest. He has a master's degree and a PhD in his field, as well as tenure, since he's been working at the same place since the late 80s. My salary is about $3k a year less than his. If I was making the same salary at home, I would be considered upper middle class. It would be enough to rent a large house with a yard in a good school district. In DC, what I make is enough that I can afford for my daughter to have her own bedroom, but only living in the semi-transitional neighborhood I live in. We could move into a larger apartment if we lived further out in the suburbs, which would likely also improve school choice, but I would never see her. Here, I do not consider myself to be upper middle class at all. The only reason I consider myself to be in the range of middle class is that last time I checked, I made too much money to qualify for public assistance.

I have no idea how people manage to support a family of 4 in this area on $60,000 a year. When I hear people complaining about how they're middle class because they don't have a lot of money due to needing to max out their 401K or renovate their kitchen, I feel a bit ill. When I hear people posting that if you do not have at least a year's salary saved in an emergency account and a life insurance policy, you're an irresponsible adult, I feel a bit ill. If I lost my job tomorrow, I would have about 2 weeks to find another one before I started having to borrow money from my family, which is not an option available to everyone.

Please remember when you're complaining about your $500k HHI and how much you have had to work to get there that there are people who make less than 10% of your salary who have worked just as hard. Please also consider that your lawyer's salary likely affords things like health insurance and ability to save for retirement, which is not something that your average retail or childcare job provides.

It’s tough being downwardly mobile.

[Anonymous]

For the millionth time - you don’t get to claim a lower “class” after you deduct for things like tuition, a nice house, multiple cars, vacations.

Claiming poverty, or even middle class, after spending 500k on discretionary items is quite the trend on DCUM but it just makes you look like an idiot.