Determining Upper Class Income: What You Need to Know

Reported 3 months ago

The term 'upper class' generally refers to households in the top 20% of earners, with an income exceeding $153,000 in 2024, significantly above the median household income of $74,580. Geographic location plays a critical role in determining this status, as different areas have varying cost of living markers. Factors such as education, marital status, and investments also influence economic standing, highlighting the complexity of defining class through income alone.

Source: YAHOO

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