Reply to Study shows that 350k/year is barely scrapping by as middle class

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Reply to "Study shows that 350k/year is barely scrapping by as middle class"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]A lot of these PPs are LOWER MC. It’s ok. [/quote]

You are one of the upper class (the lower end, but still the upper class) who don't really have a notion of what middle class now is.

The median salary in the DC metropolitan area is around $85K per year.  Median HHI is about $98K per year.  The poverty level is current $42K per year.  $200K is the top 2.5% in this area (it takes about $388K to make the top 1% in this region).  The Middle class is roughly $70K-150K per year.  Someone making about $70-90K per year is LMC.  Someone making $90-120K is pretty standard MC  Someone making about $120-150 is UMC.  Those making over $150 are above UMC.  Those making under $70 are below LMC.

$200K is the top 2.5% of the region.  They are not middle anything, especially not middle class.

My friends who are MC do take driving vacations to visit out-of-town family or the beach.  They rarely taking flying vacations (I know one friend who had never been on an airplane until she took her 14 year old son on a special trip to Dallas to see the playoffs last year).  [/quote]
Your friends are LMC. And your figures are 20+ years out of date. A lot has happened in COL DCUM area in the last 20+ years. Even in 1999 those figures were off. Median salaries take the lowest and highest add them all up and divide. Not a very clear analysis. That you think someone making $300/yr is rich is sweet. [/quote]

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