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What do you consider “middle class“? I’m looking for a $$ amount range as far as income. Just curious because I know different people define middle class differently.
There is no more middle class either your rich or you‘re poor. Even with 100+K that doesn’t put you in middle class with the econcomic system today because the value of the dollar has almost no value paper money is soon to be obsolete. Just like a million dollars really isn’t a million anymore you’ll have to have a few mill just to say you‘re a millionaire, but I’ll take the 100K if someone is giving it away lol.
I tend to look into networth rather than $ made. One can make a bunch but if the debt ratio is high, what’s the point.
Anyhow, back to the ?, middle class for me:
If single, 30-50K
If married, 50K+ to 120K combined
I would have to agree with CD since most people do not make $100000 unless it’s duel income families. I was fortunate with my salary while I was working but I made more than my sister and brother in law combined. And they had been at their jobs twice as long as I had been. And that would apply to most jobs online...
Thanks Dianne... just because of my current occupation... I think of numbers often.
Interesting. I know cost of living, etc, varies from area to area so that makes a difference. That’s why I was curious what amounts such a diverse group of people would come up with.
I’ve lived my whole life at or below what the government considers poverty level, so I wouldn’t know “middle class” if it walked up and slapped me.
I agree w/CD too. She must be an accountant or something close to that.
Based on some of the above numbers then for most of my life I didn’t qualify as middle class.
Growing up in Michigan where there is actually ALOT of money 100000-200000 would not have qualified as middle income. Maybe UPPER middle income but not the majority.
I think if you did states average vs the pocket you live in you will find it is below what you think IMHO
Neicy, Annie and CD all make excellent points. I’ve been saying for quite a while that the “middle class” is getting squeezed out. A generation ago, “middle class” went along with “blue collar” alot of times. I’ve seen the trend certainly going to “the rich get richer and the poor get poorer“. My step son makes 3 figures as a journeyman electrician now, but my husband who’s been in banking and lending has rarely made that over the last 15 years or so. One thing that’s really scary is that when I got my first car, gas was $.25/gal. and there were predictions of 10 times that coming in 20 years. We‘re here and as everyone knows, BEYOND that!
I have no idea! But I guess I grew up in the upper-lower class range! We didn’t starve but there was never enough of anything!
My dad worked hard but with 5 kids they had in 3 years & 11 months time (all theirs) there was never much of anything except what family & the church helped out with (food, clothes, etc.) I hated it but I did not hate my dad!
my sentence came up wrong a little while ago!
i am with china doll!
i agree with what she said earlier!!!
I’ve always been in the lower class according to the poverty guidelines. Yet, I have managed to buy two vehicles and live in a decent neighborhood in a house I will one day own as opposed to the house owning me. I live below my means as I’ve been jobless, homeless and carless before and it isn’t a place I care to be in again. I have friends who I know make more than I do and have dual incomes yet can’t manage to live beyond paycheck to paycheck. I’m not sure what is midle class in my area, too lazy to look it up, rather I don’t want to get depressed and then whine about it...