Where do you draw the line between upper middle class and upper class?

Anonymous
Do you see it more as:

Upper class = top 1%, upper middle class = next 9%

OR

Upper class/wealthy = top 3-5%, upper middle class = next 15%-17%

Another way of putting it, is UMC and up the top fifth or the top tenth?

And what makes one upper class as opposed to UMC, or UMC as opposed to "regular" middle class?
Anonymous
Upper class doesnt have to work. They can live on dividends and businesses.
Anonymous
Anonymous wrote:https://www.yahoo.com/finance/news/line-between-middle-class-upper-110130857.html

Varies by state.

.. to add, it looks like the upper band of the middle class is double the median income.
Anonymous
Anonymous wrote:https://www.yahoo.com/finance/news/line-between-middle-class-upper-110130857.html

Varies by state.


I love that you provided actual data.

Short version - upper middle class ends around 200k in DC/MD/VA (175 in Virginia as whole, NoVa would probably be closer to 200k)

Anonymous
Anonymous wrote:Upper class doesnt have to work. They can live on dividends and businesses.


Nonsense.
Anonymous
We're definitely UMC in terms of income, but don't feel that way because we're in a very normal looking house in a neighborhood that legitimately feels middle class: no house is over 900k, all close together and suburban from the 90s. I think of UMC presenting people as much fancier in much nicer houses, and upper class I don't see as a class in the US at all, I'd just think "ultra rich" like Bezos.
Anonymous
Anonymous wrote:
Anonymous wrote:Upper class doesnt have to work. They can live on dividends and businesses.


Nonsense.


That's a common definition. The dividing line between UC and UMC is the necessity to work to maintain the standard of living and to give your kids the same standard of living.
Anonymous
Anonymous wrote:We're definitely UMC in terms of income, but don't feel that way because we're in a very normal looking house in a neighborhood that legitimately feels middle class: no house is over 900k, all close together and suburban from the 90s. I think of UMC presenting people as much fancier in much nicer houses, and upper class I don't see as a class in the US at all, I'd just think "ultra rich" like Bezos.


sure
Anonymous
Upper class is richer than me. Lower class is poorer than me. I am middle class/upper middle class.

- 98% of Americans
Anonymous
Upper class leverage existing resources for income.
UMC still trade time, labor and intellectual labor for income.
Anonymous
Upper Middle - Senior Staff-President/CEO level office jobs; Wealthy families

Upper Class - Celebrity status and income levels
Anonymous
Anonymous wrote:Upper class leverage existing resources for income.
UMC still trade time, labor and intellectual labor for income.


So Brad Pitt and Angelina Jolie are UMC?
Anonymous
Anonymous wrote:Upper Middle - Senior Staff-President/CEO level office jobs; Wealthy families

Upper Class - Celebrity status and income levels


... Or vice versa

Or both or neither.
Anonymous
I am from England where we have a real class system, based on birth, education, profession rather than just finances.

Here in the US the "class" system is a joke.
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