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TopicWhat do you consider the threshold for "upper class"?
ChaosTonyV4
06/13/18 6:17:40 PM
#18:


The Income Classes
The Upper Class

At the top of the income classes is the upper class. There is no single definition of whom this includes. Many think of the upper class in terms of the 1%. To be in the richest 1% nationally, a household needs to have the annual income of at least $389,436, according to the Economic Policy Institute. But one could argue that the upper class is larger than that if you look at America as a whole.

The Upper Middle Class

According to census data from 2015, 6.1% of households bring in $200,000 and higher every year and 14.1% bring in between $100,000 and $150,000. This is the upper middle class.


This all checks out.
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