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? |
https://www.yahoo.com/finance/news/line-betwe...upper-110130857.html
Varies by state. |
Upper class doesnt have to work. They can live on dividends and businesses. |
.. to add, it looks like the upper band of the middle class is double the median income. |
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) |
Nonsense. |
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. |
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. |
sure |
Upper class is richer than me. Lower class is poorer than me. I am middle class/upper middle class.
- 98% of Americans |
Upper class leverage existing resources for income.
UMC still trade time, labor and intellectual labor for income. |
Upper Middle - Senior Staff-President/CEO level office jobs; Wealthy families
Upper Class - Celebrity status and income levels |
So Brad Pitt and Angelina Jolie are UMC? |
... Or vice versa Or both or neither. |
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. |