this post was submitted on 15 Feb 2024
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I suspect that those numbers may be higher now, though. $90k won't buy you a house in any sizeable city, you really need to be at the $150l+ level. I take your point that $500k may have been a bit of an overreach in my original comment.
Upper-middle class and upper class aren't defined by spending power. It's based upon the average wage of all earners.
Upper middle class: The top 15% to 20% of earners
Upper class: The top 15% of earners