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Middle class is not median. I’d agree that $400k is barely enough to get to the comparable middle class living in NYC. Earning below $100k will get you subsidiz
by failuser 6y ago
Middle class is not median. I’d agree that $400k is barely enough to get to the comparable middle class living in NYC. Earning below $100k will get you subsidized college, right?
- ceejayoz 6y agoPer https://statisticalatlas.com/place/New-York/New-York/Household-Income https://statisticalatlas.com/place/New-York/New-York/Househo..., $123k puts you in top 20%; $250k puts you in top 5%. "95%+ of NYC are lower-class" is simply an unsupportable assertion. > Earning below $100k will get you subsidized college, right? That's more reflective of the insane inflation in college costs (and our typical "socialize things, but in the silliest possible way" approach in the States) than what lower/middle/upper class thresholds are.
- failuser 6y agoThroughout history 99% were lower class. This is coming back. Not being secure about housing, education and healthcare puts you into the lower class. The middle class is almost dead.
- failuser 6y agoObviously, the «middle class» is a nebulous term defined differently by different authors, but ability to buy a home, having access to good education and childcare, surviving medical bills and set aside enough retirement money to keep the same lifestyle seems pretty reasonable to me.