- $100-$199 is middle
- $200-$499 is upper middle
- $500-$999 is lower upper
Etc.
That’s the scale I’ve always used (household income).
Most millennials fall in the lower middle or middle bucket.
- 61% of incomes are below lower middle
- 26% of incomes are lower middle (median being $61,822)
- 10% of incomes are middle
- 3% (nearly) of incomes are upper-middle
- <1% is remaining…
Data from https://dqydj.com/income-percentile-calculator/
Caveat, this is individual income, and you're talking about household income, so not quite the same for couples where both work.
https://fred.stlouisfed.org/series/MEHOINUSA672N
Your lower-upper class is a subset of the top 1% of incomes.
https://dqydj.com/united-states-household-income-brackets-pe...
- $100-$199 is middle
- $200-$499 is upper middle
- $500-$999 is lower upper
Etc.
That’s the scale I’ve always used (household income).
Most millennials fall in the lower middle or middle bucket.