| ▲ | jltsiren 2 hours ago | |
The traditional definition of high income starts at 2x the median. Looking the US as a whole, anything above $125k should be considered high income. But it doesn't feel like that, because median wages are unusually low in the US relative to mean wages. Upper middle class salaries, on the other hand, have grown very high, and they have distorted people's perceptions. Even now, we are debating whether almost 5x the median should be considered high income. | ||