• stoly@lemmy.world
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    10 months ago

    I suspect that those numbers may be higher now, though. $90k won’t buy you a house in any sizeable city, you really need to be at the $150l+ level. I take your point that $500k may have been a bit of an overreach in my original comment.

    • Kit
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      10 months ago

      Upper-middle class and upper class aren’t defined by spending power. It’s based upon the average wage of all earners.

      Upper middle class: The top 15% to 20% of earners
      Upper class: The top 15% of earners