martha asked in TravelAir Travel · 1 month ago

Is 50-60k salary upper middle class and 30-40k salary a year middle class?

Update:

This is for a single person

9 Answers

Relevance
  • james
    Lv 7
    1 month ago
    Best Answer

    No. U.S. $12,000 a year is lower middle class. $50,000 a year is upper middle class. $59,000 a year is upper class.

  • RICK
    Lv 7
    1 month ago

    Household or individual?

    If indididual then in most parts of the country that answer is yes. In large coastal cities thsts a no

  • 1 month ago

    WHY is this question in AIRLINE TRAVEL ?

    Depends on your mysterious location and definition of MIDDLE.

    Do you say one third are lower one third are middle and one third upper?

    Taking a look at US wage records shows that about one third make less than

    $40,000 per year  and one third make more than $90,000 year.

    The Middle must be between those two numbers.

    You divide it up however you want. Lower middle, middle middle, upper middle

    About one half the MIDDLE make less than $60,000.

    https://dqydj.com/average-median-top-household-inc...

    Some say the middle class should be up to $250,000 or more for tax purposes.95%

    make less than that.

    The wealthy can be EXTREMELY wealthy and it distorts AVERAGE salary.

    Median gives a better method to compare.

  • Orla C
    Lv 7
    1 month ago

    Money and class are two very different things.

    Money does not automatically mean you're classy.

  • How do you think about the answers? You can sign in to vote the answer.
  • 1 month ago

    50-60K is only middle class in areas of the country where the cost of housing is very low. Most middle class people in the US earn 70-150K at least.

    • RICK
      Lv 7
      1 month agoReport

      Most parts of the US $150,000 is upper class

  • Mandy
    Lv 4
    1 month ago

    No. Neither of those salaries qualify as middle class.

  • 1 month ago

    No. 50-60 is middle class, 30-40 is lower class.

    • martha1 month agoReport

      I don’t think it is because according to pew center a single person can earn 30k and still be middle class

  • 1 month ago

    sounds like thats what it is

  • .
    Lv 7
    1 month ago

    Pew data concludes that a middle class four-person household would be in the range of $46,960 to $140,900 in income. But it depends, in part, on where you live -- because the cost of living varies.

Still have questions? Get your answers by asking now.