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[quote=Anonymous][quote=Anonymous]In DC, a family of 4 earning up to 138k (110% of the median) can qualify for some form of housing assistance.

https://dhcd.dc.gov/sites/default/files/dc/sites/dhcd/publication/attachments/HPAP%20Home%20Buyer%20Assistance%20Table%20as%20of%20July%203%2C2020.b.pdf

In my mind, that puts a family of 4 earning below $80,000 in the working class category to me, especially if that is from 2 jobs where parents are working shifts because they can’t afford to outsource childcare.

$80,000 to ~$150,000 is a fairly middle class existence. Once you start to hit $175k+ you are entering UMC. I think UMC really starts to cap off somewhere between 300-400k (depends on personal factors like whether that income is stable year after year, student loans, etc.).[b] Beyond that you’re pretty darn wealthy[/b]. [/quote]

You're making a high income but unless it's translating into savings, you're not wealthy. In this area, a lot of this income goes to mortgages, childcare, and house maintenance expenses because working professionals don't have time to do these things themselves. They've outsourced functions that may have been handled by one spouse in previous generations. Moreover, a lot of these higher paying jobs are no longer as secure.  They come with massive time commitments and amounts of stress to produce (and continually produce) and a narrowing pyramid of advancement. You're one job loss, bad year of sales or being passed over for partner from falling down the social ladder unless you're in a growth industry like tech. I think two career Feds making a combined $250-$350K in relatively prestigious positions are a heckofa lot closer to being UMC than a non-equity junior law firm partner trying to grasp at that elusive brass ring. [/quote]

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