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According to Pew Research, the median income for middle-class households reached $106,100 in 2022. That's a 60% jump from the $66,400 median income in 1970. ... A high salary means little if it's ...
The Minimum Salary To Be Upper-Middle Class To be part of the top 20% of the middle class, you need to earn $106,092 and $149,160, — depending on your geographic location — according to a ...
Median U.S. household income per county in 2021, showing the distribution of income geographically in the United States. While many Americans see income as the prime determinant of class, occupational status, educational attainment, and value systems are equally important. Income is in part determined by the scarcity of certain skill sets. [2]
For the middle class, the median income was $106,092 for a family of three. ... For example, in a high-cost area such as Santa Clara, you need $297,800 to be classified as upper class. On the ...
The high-status track: Studies of elite schools and stratification (1990). Foulkes, Nick. High Society: The History of America's Upper Class, (Assouline, 2008) ISBN 2759402886; Fraser, Steve and Gary Gerstle, eds. Ruling America: A History of Wealth and Power in a Democracy, Harvard UP, 2005, ISBN 0-674-01747-1
The high salaries and, especially, the potential wealth through stock options, has supported the term corporate elite or corporate class. Top executives , including Chief Executive Officers, are among the financially best compensated occupations in the United States.
Based on Pew’s calculator, middle class earners are actually those whose income falls between $52,200 and $156,600, or two-thirds to double the national median when adjusted for local cost of ...
According to sociologist Max Weber, the upper middle class consists of well-educated professionals with postgraduate degrees and comfortable incomes. The American upper middle class is defined similarly using income, education, and occupation as the predominant indicators. [1]