My standard for lower income class / middle income class / upper income class (not social, just income) is something along the lines of: Lower class: Has littl

My standard for lower income class / middle income class / upper income class (not social, just income) is something along the lines of: Lower class: Has little or no savings, probably works a "gig" job that pays on 1099s. Maybe has several part time jobs. Middle class: Has 3-6+ months savings, the vast majority of their income is reported on a single W2 or 1099. Or they own a sole proprietorship kind of business. Either way, the majority of their income is coming from work or services. Net worth: Probably under $5M. Upper class: The vast majority of their income is reported as capital gains. Owns multiple real estate properties. Net worth: 5-$500M. Elite Upper class: I don't even know what to describe this as