The concept of “upper class” is often debated, but there’s no clear definition from official sources. Organizations like Pew Research Center provide structured insights into income tiers based on median household income figures. According to Pew, upper-income households earn more than twice the national median household income – around $170,000.
However, this figure can vary depending on location and household size. In areas with high living costs, an income of $170,000 might not be enough for a “middle-class” lifestyle. Instead, it could place you in the upper class. The same goes for regions with lower living costs, where even lower incomes can qualify as upper-class.
The definition of upper class also depends on personal perceptions and local standards. Factors like debt, education, and asset holdings play significant roles in determining financial comfort and class identity. Ultimately, a substantial income alone doesn’t capture the complexities of wealth and class.
Source: https://finance.coin-turk.com/american-households-aim-for-upper-class-with-170000-benchmarks