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Upper class in modern societies is the social class composed of people who hold the highest social status, usually are the wealthiest members of class society, and wield the greatest political power. [1] According to this view, the upper class is generally distinguished by immense wealth which is passed on from generation to generation. [2]
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 term upper class is applied to a wide array of elite groups existing in the United States of America. Because there is no defined lower threshold for the upper class it is difficult, if not outright impossible, to determine the exact number or percentage of American households that could be identified as being members of the upper-class(es).
Lower class, middle class, and upper class are all widely used, but rarely defined terms. For some people, lower class means living in poverty, upper class means a life of luxury, and middle class ...
This means that lower-income households had incomes below $56,600, and upper class households had incomes above $169,800. You may be curious to know where you stand in the context of upper, middle ...
If you've ever wondered whether your income is considered “upper class,” Pew Research Center has an answer. It defines upper-income households as earning more than $169,800 as of 2022, based ...
There is considerable debate as to how the upper middle class might be defined. According to Max Weber, the upper middle class consists of well-educated professionals with graduate degrees and comfortable incomes. The American upper middle class is defined using income, education, occupation and the associated values as main indicators. [2]
The term “upper class” evokes images of wealth and privilege. But what does it truly mean in terms of income? While there’s no definitive line, households in the top 20% of earners are ...