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Reply to "PSA: $250K family of 4 in the DMV area is not middle class"
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[quote=Anonymous][quote=Anonymous]News flash- upper middle class is still middle class. [/quote] ? Did you even click on the link? It doesn't state $250K is "umc". The calculation shows that would be "upper" band of income. There is a range of middle class to be sure, but according to that website, $250K is in the upper income range not "upper middle" income range. The calculation accounts for the cost of living in the metro area. Sure, $250K HHI is not living the same as $2mil HHI, but $200K HHI is also not living the same as $80K income yet they are both in the same MC bracket. The calculation shows the range of the income bracket, not your personal lifestyle.[/quote]
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