It 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.

It 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.