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

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[quote=Anonymous][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 And your figures are 20+ years out of date.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]

You should stop trying to use math.  What you are talking about is an average, not a median.  Median is the 50th percentile.  That means that 50% of the population have salaries below the median and 50% of the population has salaries above the median.

And in point of fact the median of $85K is high.  The average salary is less.  The average male salary was $74.8K and the average female salary was $56.3K.

And no, the numbers are not 20+ years out of date.  The numbers are from Data USA, for the 2017 year.  The numbers for 2018 are not available yet.
[url]https://datausa.io/profile/geo/washington-arlington-alexandria-dc-va-md-wv-metro-area/[/url]

Just take a look at the wage curve.  Note that this is the wage curve for Virginia because they don't have the corresponding bracketed data for the DC-VA-MD-WV region that the full numbers are based on. 
 12% of the adult population made < $10K.

0 - $10K = 11.8%
$10K - $20K = 13.1%
$20K - $30K = 14.5%
$30K - $40K = 13.1%
$40K - $50K = 10.5%
$50K - $60K = 8.5%
$60K - $70K = 6.5%
$70K - $80K = 4.75%
$80K - $90K = 3.5%
$90K - 100K = 2.4%
$100K - $110K = 2.6%
$110K - $120K = 1.3%
$120K - $130K = 1.5%
$130K - $140K = 0.8%
$140K - $150K = 0.6%
$150K - $160K = 0.8%
$160K - $170K = 0.4%
$170K - $180K = 0.3%
$180K - $190K = 0.3%
$190K - $200K = 0.2%
$200K + = 2.4%

Those with incomes of $200K are in the top 2.4% of the wage earners for the entire region of 6.22M people.  You are insulated in your bubble thinking it is middle class because there are so many people in that range; there are almost 150K people in that top bracket.  But a better way to think of it is that you make more than 6.07M working age people in this region.  Does that give you a better perspective?
[/quote]

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