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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).
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
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 ...
Upper class (1%) Top-level executives, celebrities, heirs; income of $500,000+ common. Ivy league education common. The super-rich (0.9%) Multi-millionaires whose incomes commonly exceed $3.5 million or more; includes celebrities and powerful executives/politicians. Ivy League education common. Upper middle class (15%)
According to the Census Bureau’s Income in the United States: 2022 report, the median household income is $74,580 (a 2.3% decline from 2021), while household income levels for each class level ...
Hollowing out of the middle class refers to its loss in income share beginning with Reaganomics. [288] [289] [290] The middle class is defined as the middle 20% of the income distribution, i.e. those between the 40th and 60th percentile. In 1980 the middle class earned 17% of total income in the United States.