What annual income would qualify you as upper class?

Question

There's been much debate over what annual income makes you upper class, and i was just curious if you had any real figures or if you would like to just give an opinion.

Answer 1

These are my guesses (and I emphasize these are "guesses"):

Upper class -- Over $200,000 a year

Upper-middle class -- $100,000 to $200,000 a year

Middle class -- $50,000 to $99,999 a year

Lower-middle class -- $20,000 to $49,999 a year

Lower class (poverty level) -- less than $20,000 a year

Answer 2

hello - depends where you live and the lifestyle you choose to maintain.  if you live in the NY metro area probably over 300K, if you live in various areas of the midwest probably 90K.  but this all assume you have no credit card debt etc.

Answer 3

The first sign is when you write a check for your next new car.

Answer 4

According to the SEC, qualified investors must have an annual income in excess of $200,000 or net worth of $1,000,000.

Qualified investors = Upper class  

Answer 5

$60,000-$97,000 is what I found online as Upper Class.  But I have to disagree with that.  I would say anything above $95,000 yearly is considered upper class.  

I was in Real Estate for over four years and even when I was making $145,000/yr, I still did not feel Upper Class.  But then again I am a single parent, with a single household income.  :o)

Hope this helped.