| ▲ | More Americans Are Breaking into the Upper Middle Class(wsj.com) |
| 13 points by lxm 16 hours ago | 7 comments |
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| ▲ | georgeburdell 15 hours ago | parent | next [-] |
| I can’t read the article, but I hope their definition of upper middle class adjusts for the steep inflation in housing. If my family knew how much I made, approximately the top 1% of incomes, they’d think I live a fantastically luxurious lifestyle. In reality, I live in the same kind of 3 bed 2 bath house I grew up because houses are now 5x more expensive. |
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| ▲ | bayarearefugee 14 hours ago | parent [-] | | > I can’t read the article https://archive.ph/2026.04.05-025428/https://www.wsj.com/eco... "Upper middle class" for a family is $133k according to them. Things look very rosy for our economy as long as you're using 1963 numbers as your poverty baseline and extrapolating from there. | | |
| ▲ | laughing_man 11 hours ago | parent [-] | | $133k is upper middle class. It just doesn't feel like upper middle class if you're living in NYC or San Francisco. | | |
| ▲ | pharaohgeek 6 hours ago | parent | next [-] | | It doesn't feel like it if you're living in MOST places. I bought my first house 6 months after graduating from college (2000). It cost me roughly 3x my salary at the time. I know what I pay new grads right now, and it's way more than I made back then. There's no way they can afford a house like that at 3x their salary. It's closer to 4-5x, and we are nowhere near as expensive in this area as NYC, SF, DC, etc. | |
| ▲ | bayarearefugee 5 hours ago | parent | prev [-] | | 133k for a family of 3 is effectively poverty wages in NYC or SF. In less HCOL areas it is getting by, but possibly never owning a house. Hardly the upper middle class lifestyle one imagines being lived by doctors, lawyers, etc in times past. |
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| ▲ | black_13 13 hours ago | parent | prev | next [-] |
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| ▲ | megamike 15 hours ago | parent | prev [-] |
| discussion here: https://www.reddit.com/r/MiddleClassFinance/comments/1scs22h... |
