The Middle Class vs. The Rich

[Smash255]

depends on the area.  Last year my parents made about $115,000, this year it will be in the $105k-$110k (though the income of my family, as the company my mom worked for closed their NY office, and she lost her job.  So their income is slightly less this year than last, though the income of my family is a bit higher this year (about $135,000 last, $150,000 or so this year as both myself and my sister have had steadier jobs than we did last year though neither of us are working in our major field)  In other parts of the counntry that would be upper middle class to even upper class (though that might be a stretch).  On Long island its very much middle class.   If its just defined as middle to  upper class I would say $275,000 or so, though I would say upper middle class would start  somewhere in the $175,000 to $200,000 range. Those I would say would be approx the cutoffs regarding a standard family of four, using the two heads of households income.  If you also count the income of 20 somethings who still live at home (like myself and sister) then I would  bump up those amounts a bit, upper class around $305,000 and upper middle class in the $200 to $225k range