Thomas Promise Posted September 16, 2014 Report Share Posted September 16, 2014 Interesting graph on how to distinguish the middle class by counties you reside in. http://money.cnn.com/interactive/economy/are-you-middle-class/ Link to comment
Mick Posted September 16, 2014 Report Share Posted September 16, 2014 Interesting results, indeed. I did it for two states and two counties - Lincoln County, Tennessee (where our house is) and Limestone County, Alabama, a six-iron from my front door. In both cases I was above the top end of middle class. I sure don't feel like it as we live in a modest house, in a rural area just outside a very small town, in a modest sub-development. Weird. Link to comment
danb Posted September 16, 2014 Report Share Posted September 16, 2014 It isn't clear to me what criteria that they are using to determine what middle class means to them. In one of those article below that poll it states: Americans, meanwhile, are having trouble building wealth because wages have stagnated for more than a decade. Median household income was $51,017 in 2012, compared to $56,080 in 1999, according to the Census Bureau's most recent statistics. I took the poll and I am also above their level of what they call middle class. I have been lucky so far but I feel bad for the young people of America. Not sure what the future looks for them. Seems like they have a lot less opportunities in their future. I hope I am wrong and wish them the best. Danb Link to comment
lhp Posted September 23, 2014 Report Share Posted September 23, 2014 (edited) It's interesting to compare those number to how much you need to earn to be middle class in China. According to McKinsey, RMB 60,000-229,000 of household disposable income per annum puts you in China's middle class. Edited September 23, 2014 by lhp (see edit history) 1 Link to comment
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