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Old 03-18-2011, 01:39 PM   #14
notrichenough
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Join Date: Apr 2009
Posts: 1,550
Quote:
Sigh. $100,000 is not middle-class income. It's 85th percentile. Well, well above "middle."

The middle quintile is $35,000-$55,000.
Why do you insist on defining the "middle" in middle class in rigid mathematical terms of the 40th-60th percentiles of income spread?

Economists and sociologists don't use this as a definition. I doubt people making $35K self-identify as "middle-class". In many parts of this country you cannot live what is typically considered a "middle-class" lifestyle on $35K, or even $55K.

From http://en.wikipedia.org/wiki/American_middle_class:
Quote:
Sociologist Leonard Beeghley identifies a male making $57,000 and a female making $40,000 with a combined households income of $97,000 as a typical middle class family.[30] Sociologists William Thompson and Joseph Hickey estimate an income range of roughly $35,000 to $75,000 for the lower middle class and $100,000 or more for the upper middle class. Many social scientists including economist Michael Zweig and sociologist Dennis Gilbert contend that middle class persons usually have above median incomes.
These all put "middle class" in the $75,000-$100,000 range.
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