3 ms·
Yeah, seems low to me. The multimillion dollar houses I think about when I think successful high-paying career for upper middle class seem to be out of reach fo
by swagasaurus-rex 4y ago
Yeah, seems low to me. The multimillion dollar houses I think about when I think successful high-paying career for upper middle class seem to be out of reach for that income bracket.
- AnimalMuppet 4y agoI think your perspective is off. To me, "multimillion dollar houses" are upper class, not upper middle class.
- corrral 4y agoPeople use "upper middle" to mean different things. Some use it to mean the upper portion of the middle class, by income. Others use it to mean a distinct (and much smaller) class between the middle and upper, with distinct tendencies and preferences, comprising people who live something close to a "rich" lifestyle but are distinguished from the actually-rich by having to work to maintain it, rather than being able to live a very nice life off investment income alone. Doctors, lawyers, other very-well-paid white-collar types, constituting perhaps a single-digit percentage of the population. I'm not sure which, if any, definition has a credible claim to being, in some sense, most-correct.
- Cookingboy 4y agoIt depends on context. A household of two earners working for big techs living in a $2M home in Bay Area is definitely comfortable, but by no means upper class. Most of their incomes are still from a W2 form and they still have to budget for kids' school, retirement, etc.
- refurb 4y agoOwning a $2M home in the most expensive area of the US is upper class.
- deleted 4y ago[deleted]