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The upper middle class consists of those in the 60th to 80th percentile of household income. The median net worth is nearly double that of the middle class. Average net worth for the upper class ...
The American upper class is a social group within the United States consisting of people who have the highest social rank, due to economic wealth, lineage, and typically educational attainment. [2] [3] The American upper class is estimated to be the richest 1% of the population.
The top 5% of households, three quarters of whom had two income earners, had incomes of $166,200 (about 10 times the 2009 US minimum wage, for one income earner, and about 5 times the 2009 US minimum wage for two income earners) or higher, [15] with the top 10% having incomes well in excess of $100,000. [17]
The upper class starts with an average net worth of $793,120. That's for the top 80% to 90% of earners. The top 10% has much more -- an average net worth of $2.65 million.
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This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa , Guam , the Northern Mariana Islands and the U.S. Virgin Islands , for which the data comes from 2010, as ACS does not operate in these areas.
The percentage of households earning an income high enough to put them in the top 5% while maintaining a net worth in the top 5% varies by age. Just 32% of top earners in their 20s also have a net ...
The American upper middle class is defined using income, education, occupation and the associated values as main indicators. [2] In the United States, the upper middle class is defined as consisting of white-collar professionals who have above-average personal incomes , advanced educational degrees [ 2 ] and a high degree of autonomy in their ...