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Reply to "If you consider yourself Upper Middle Class (and you live in the DMV)..."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]HHI: $185k NW: Probably around $400k? I don't track this carefully. Retirement accounts plus home equity (which is small, we just bought). No debts besides mortgage. Family size: 3.5 (baby #2 due in August)[/quote] PP just adding we are mid thirties. And also - the majority of people responding on this thread are upper class/rich and don't live in reality. [/quote] No, upper class rich are my relatives who are third-fourth generation wealthy who have sold homes for $10 million as well as spend their time at a multiple domestic and international owned properties. They are not working professionals nor need a salary to maintain their current lifestyle. [/quote] Then, your relatives are extremely blessed when it comes to money. Wealthier than 99.9% of the US. Most DCUM posters have less than that, but are still in the elite nationwide. The DC area is a bubble, and our skewed perception of wealth and class is not grounded in reality. Household income in the DC metro area is higher than most places in the country, so although many of us call ourselves middle class or upper middle class, we’re really not. We’re upper class. Median household income in the US is only around $65k. [/quote]
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