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Reply to "Rich+poor now outnumber the middle class "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Well, not to deny it, but they considered the rich to be 126k and above. 42k-126k was middle class. So that could skew the numbers somewhat. In this area 126k doesn't buy you as much as it would in rural America. [/quote] Regardless of what you believe it buys "in this area", you have to understand that the middle class incomes in this area (both mean and medium) are below 100k.[/quote] Using Pew's methodology but applying it to the DC Metro area, the "middle class" range would be $60K - $180K. That's based on a median income of $90K for the DC metro area (2013 census) with the lower boundary of 2/3's of median and upper boundary of double the median. I know, I know, you make $250K and think you are middle class. You aren't (I'm not either -- that's about my HH income)[/quote] Wrong again. DC area lower class is up to 150k, middle class is 150k to about 500k. Upper middle is 500k - 2MM. [/quote] Yep -- all those gov't attys making 150k. Lower class. Every last one of them.[/quote] And those biglaw junior associates at 160k -- barely scraping their way into middle class.[/quote]
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