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Reply to "What is Middle Class....Really?"
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[quote=Anonymous][quote=Anonymous]Discussing salary without location is meaningless. Also not that relevant if you are talking about it without discussing family make-up. $100K for a single person no kids D.C. Area is likely the high range of middle. They can live in a pretty nice apt and most importantly are not limited by where they can live by school options. This is the biggest cost. That salary is probably UMC elsewhere though even if you have kids because in nonurban areas much more of the spots for living are viable school options. [/quote] A single person earning a $100,000 in DC can afford a "nice apartment" in a decent section of town - and that's about it? Again, this is what the OP is talking about. That's a single salary equivalent to the average combined HHI income, right here in the DC area, and it provides for a very comfortable standard of living. People (single no kids) who earn in that range have posted as to their lifestyles, and it's a lot better than merely a "nice apartment". On that income, they are taking trips to Europe, going on luxury-line cruises, have a housekeeper, hire people to mow their lawn (so they own property), max out their retirement savings, and so forth. Definitely upper-middle. [/quote]
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