Reply to Can we stop referring to households making $200 or 300K a year as "middle class"?

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Reply to "Can we stop referring to households making $200 or 300K a year as "middle class"?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Apparently you lose common sense for every 50k increase. 200k is not middle class in any US neighborhood.[/quote]
We make 290 k in Silver Spring. In some ways we feel rich, especially bc we see so many people who have so much less.  But we still can't afford fancy cars or vacations.  We also don't think we can afford a fancier neighborhood. We think we are upper middle class. [/quote]

We're in SS too and have a similar income - median household income in our area is a little over $100K.  We had enough money to send our children to LACs without financial aids or student loans, and have taken wonderful trips.   We live within our means, paid off our mortgage years ago and have no debt.   However this is a wealthy area and this skews your perspective.  We probably could have afforded to have moved into Bethesda, Chevy Chase or Potomac at some point, but we were happy where we are and we didn't want our children to grow up in a snobby area and to live in an area with a more diverse mix of people.  We consider ourselves very fortunate.  [/quote]

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