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Reply to "Household income is $350k and live in Arlington. Are we middle or upper middle class?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Nothing "middle" about it, unless you're using a definition of middle class that stretches up to the top 1% of income to avoid having to acknowledge the fact that you make more than 99% of the country. Such a definition is simply cowardly.[/quote] Someone making $55k and living in Dominican Republic would be upper class. Locality matters. [/quote] This discussion, however, involves the United States, where a HHI of 350k places you well within the top 2% http://money.cnn.com/calculator/pf/income-rank/index.html So again, you aren't middle class in the US with 350k, as you make more than 98% of the country (http://www.businessinsider.com/top-one-percent-every-us-state-2016-11/). The fact that you could find a street somewhere in DC where everyone makes 10M+ would not make a 350k HHI middle class. [/quote] It's by neighborhood not nationally[/quote]
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