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Relationship Discussion (non-explicit)
Reply to "Is there a certain net-worth at which you consider a family to be MC vs UMC?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]In terms of income, this can be determined with actual data. For the DC area, you get bumped out of middle with $200,000 gross HHI for a family of 4: https://www.pewresearch.org/fact-tank/2020/07/23/are-you-in-the-american-middle-class/ Net worth gets far more complicated, especially if it's tied up in your housing equity. [/quote] A family of 4 making 200k can't afford the staples of a UMC life in this area- private school being the most obvious [/quote] I agree, generally. But that doesn't mean the family making $200k isn't in the upper quartile of income in the region. It just means they can't afford private school. If private school tuition for multiple kids is generally considered affordable only for the top 5% of income earners (I'm making that number up), that certainly doesn't make people at 6%, 7%, 8% middle class. [/quote]
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