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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).
According to the Pew Research Center report, in 2022, the median household income for a three-person upper-class family was $256,920. For the middle class, the median income was $106,092 for a ...
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.
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 ...
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
An income bracket is a category of people whose income falls within defined upper and lower levels. [1] [2] In governmental planning, entire populations are divided into income brackets. These brackets are used to categorize demographic data as well as determine levels of taxation and welfare benefits. [citation needed]
Based on Pew’s analysis, a household of three needs an income of $156,600 to meet the definition of upper class, which amounts to more than double the national median.
The gap between the middle and upper classes appears to be shrinking. A surprising 51% of Americans made up the middle class as of 2023. If that seems high, however, 61% of Americans identified as...