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What EXACTLY is the Middle Class?

#3

It's all relative, people make more spend more so they feel broke and call themselves middle class. obviously when you make more than you can spend you're rich but that's such a minority. I think the IRS has a % over poverty based on family size, that's how they factor welfare and stuff like that on a sliding scale. After 200% over the poverty rate they cut you off IIRC. So I'd say that is probably a safe entry point for middle class.

 

Ok here's a chart just did a fast google search: https://aspe.hhs.gov/poverty-guidelines

 

So for a family of 6 the poverty level is $32,580 so double that is about 65,000 a year. I'd consider that middle class.

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Messages In This Thread
What EXACTLY is the Middle Class? - by csharp - 06-09-2016, 07:41 PM
What EXACTLY is the Middle Class? - by EricC85 - 06-10-2016, 06:45 AM
What EXACTLY is the Middle Class? - by Bon Jagley - 06-10-2016, 09:02 AM
What EXACTLY is the Middle Class? - by JackCity - 06-14-2016, 09:02 PM



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