Reply to 200k is not much money

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]$200K HHI would put you at the 79th percentile in the District. I think you’d be closer to 85th percentile in the DC metro area.

$200K is middle class inside the Beltway.[/quote]

I don't understand how in the same statement you say "85th percentile" and then "middle class"[/quote]

Pew Research defines "middle income" as two-thirds to twice the median HHI in a given locality. The median HHI in the District is $93K, so the "middle income" range is $61K to $186K HHI. This translates roughly to the 36th percentile to the 77th percentile. I imagine incomes & costs are similar inside the Beltway in VA and MD.

So $200K HHI inside the Beltway is basically just barely above the middle class. Culturally and practically, I would assume a $200K HHI inside the Beltway would have a lot more in common with the middle class than the upper class. They are still doing public schools, driving non-luxury vehicles, paying students loans, diligently saving, sticking to a budget, etc.

Source: https://dqydj.com/income-percentile-by-state-calculator/[/quote]

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