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Reply to "Ok can we stop saying $300k is "rich" in DC?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Is this what you are saying? Below $50k= Poor Between $50 and $100k = Middle class Above $100k = rich [/quote] Middle class is roughly the 25th to 75th percentile. You know, the middle 50% of the earning curve. Nationwide the average HHI is around $60K, but in the DC metro region, it is closer to $90K. The 25th to 75th percentiles for this area are around $60-150K so that is essentially middle class. Over $150K you pass out of middle class and are affluent/upper class, but not rich/whatever you want to call it. [/quote] So over $150k is rich? Wow, I wish I could feel this way too. Unfortunately I've had glimpses behind the curtain and have seen of real wealth. It ruins you once you see it. Hedge fund wealth, executive wealth, small business owner wealth, etc. But keep telling yourself that $300k a year is rich. It makes getting through the day a lot easier not knowing the truth. [/quote]
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