Please Define Upper Middle and Lower Class - U2 Feedback

Go Back   U2 Feedback > Lypton Village > Free Your Mind > Free Your Mind Archive
Click Here to Login
 
 
Thread Tools Search this Thread Display Modes
 
Old 01-04-2004, 11:00 AM   #1
ONE
love, blood, life
 
Join Date: Aug 2002
Posts: 10,881
Local Time: 06:48 AM
Please Define Upper Middle and Lower Class

What amount of money is the cut-off in your mind for upper, middle and lower class based on income?

Please, specify, single or double income.....

Thanks.
__________________

__________________
Dreadsox is offline  
Old 01-04-2004, 11:11 AM   #2
ONE
love, blood, life
 
melon's Avatar
 
Join Date: Oct 2000
Location: Toronto, Ontario
Posts: 11,781
Local Time: 06:48 AM
Of course, this also depends on what part of the world, and, if you're talking the United States, what part of the country. Living standards vary widely between New England, the West Coast, the Midwest, and the South (not to mention Alaska and Hawaii).

I would state that a healthy middle class, with the wife and 2.3 children, makes between $50,000 and $80,000. Lower middle class is $30,000 to $50,000 and upper middle class is $80,000 to $200,000. Anything above that and you really are out of reach of most of this nation's income earners.

All of these statistics come from one wage earner (e.g., one job).

Melon
__________________

__________________
melon is offline  
Old 01-04-2004, 01:01 PM   #3
ONE
love, blood, life
 
Join Date: Aug 2002
Posts: 10,881
Local Time: 06:48 AM
Heh....so I am in the lower class

One wage earner...with wife....two kids.....under $50,000.
__________________
Dreadsox is offline  
Old 01-04-2004, 01:03 PM   #4
you are what you is
 
Salome's Avatar
 
Join Date: Jul 2000
Location: Netherlands
Posts: 22,016
Local Time: 12:48 PM
Quote:
Originally posted by melon
Of course, this also depends on what part of the world
yeah, you should probably also take different tax laws into consideration
__________________
“Some scientists claim that hydrogen, because it is so plentiful, is the basic building block of the universe. I dispute that. I say there is more stupidity than hydrogen, and that is the basic building block of the universe.”
~Frank Zappa
Salome is offline  
Old 01-04-2004, 01:06 PM   #5
The Fly
 
wavesofregret's Avatar
 
Join Date: Dec 2002
Location: there and back again
Posts: 225
Local Time: 11:48 AM

I guess with a combined income of just less than forty grand with 2 kids, my husband and I are are low class It's true, those who work the hardest make the least. Viva la revolution! Eat the rich!
__________________
"yeah I'm from the 80's, but give me a break. I didn't kill anybody."

Mike Trampp, White Lion
wavesofregret is offline  
Old 01-04-2004, 01:13 PM   #6
ONE
love, blood, life
 
melon's Avatar
 
Join Date: Oct 2000
Location: Toronto, Ontario
Posts: 11,781
Local Time: 06:48 AM
Lower middle class people! That is not the same as the lower classes, which make below $30,000, in this categorization. I fall into that category right now.

Melon
__________________
melon is offline  
Old 01-04-2004, 02:03 PM   #7
Rock n' Roll Doggie
FOB
 
Join Date: Oct 2001
Posts: 8,876
Local Time: 11:48 AM
Perhaps, but if your single and have no childern, your standard of living probably exceeds that of someone in the Lower Middle Class that has a wife and kids to support.
__________________
STING2 is offline  
Old 01-04-2004, 02:21 PM   #8
ONE
love, blood, life
 
Join Date: Aug 2002
Posts: 10,881
Local Time: 06:48 AM
Now, my wife does work....so that changes things....however....figure on spending.....drumroll

$1,300 a month in childcare.

However, dual income still....barely with two incomes.....puts us just above....your middle middle line.
__________________
Dreadsox is offline  
Old 01-05-2004, 11:05 AM   #9
Rock n' Roll Doggie
VIP PASS
 
Elvis Presley's Avatar
 
Join Date: Oct 2002
Location: eachnotesecure.com
Posts: 5,058
Local Time: 07:48 AM
If melons statement is accurate, I am the very definition of lower middle class....(complete with the 2.3 kids)
__________________
Elvis Presley is offline  
Old 01-05-2004, 11:31 AM   #10
BAW
The Flower
 
BAW's Avatar
 
Join Date: Dec 2001
Location: The OC....!!!!
Posts: 11,094
Local Time: 03:48 AM
On paper, we are upper middle class but after federal, state and self employment taxes, we suddenly fall to lower middle class
__________________
BAW is offline  
Old 01-05-2004, 01:05 PM   #11
Blue Crack Addict
 
nbcrusader's Avatar
 
Join Date: Aug 2002
Location: Southern California
Posts: 22,071
Local Time: 03:48 AM
Agreed. Having an "upper middle class" designation is nice, but in reality, we can't even afford to purchase a home.
__________________
nbcrusader is offline  
Old 01-05-2004, 05:14 PM   #12
ONE
love, blood, life
 
Mr. BAW's Avatar
 
Join Date: Jul 2003
Location: Life's too short to drink cheap wine!
Posts: 12,336
Local Time: 04:48 AM
Quote:
Originally posted by Bono's American Wife
On paper, we are upper middle class but after federal, state and self employment taxes, we suddenly fall to lower middle class
Being self-employed is fantastic! all the BS that goes with it Thankfully, I have a substantial tax-free medical monthly police pension for the rest of my life and it covers certain aspects of our daily life; unfortunately, even with that there's not enough to stuff away for the future..
__________________
Mr. BAW is offline  
Old 01-05-2004, 05:35 PM   #13
ONE
love, blood, life
 
melon's Avatar
 
Join Date: Oct 2000
Location: Toronto, Ontario
Posts: 11,781
Local Time: 06:48 AM
Quote:
Originally posted by Bono's American Wife
On paper, we are upper middle class but after federal, state and self employment taxes, we suddenly fall to lower middle class
That is where I start mentioning national differences. Places like New England, California, and Alaska/Hawaii should have different designations, because of the expense of living in these parts of the country.

Melon
__________________
melon is offline  
Old 01-05-2004, 07:59 PM   #14
ONE
love, blood, life
 
Mr. BAW's Avatar
 
Join Date: Jul 2003
Location: Life's too short to drink cheap wine!
Posts: 12,336
Local Time: 04:48 AM
I think the average "run of the mill, standard neighborhood Orange County home" runs approximately $480,000.




What can I buy in Arkansas with that kind of cash????? I only pick ARK because I've been there and have seen some property that, at the time, went for pennies on the dollar....
__________________
Mr. BAW is offline  
Old 01-06-2004, 11:53 PM   #15
War Child
 
~*Buffalo*~'s Avatar
 
Join Date: Nov 2002
Location: Small-Town Slovakia
Posts: 574
Local Time: 12:48 PM
I believe that class is more an attitude, a state of mind, than earning figures. Of course you can define someone by how much they earn, but when I think of "class" I think of the way people act and their lifestyle.

For example, I had a lecture on this topic once and we watched a documentary about a family in Sydney. They originally lived in the western (read: poor) suburbs, and were what you could call "stereotypical" lower or even underclass people. Then they made a fortune from their forklift company, and were wealthy enough to buy a home in the North Shore (read: RICH) suburbs, and send their kids to the most prestigious school in the city. But they did not act like their neighbours, they didn't get invites to cocktail parties because they couldn't shake their western suburbs upbringing. In this case, "class" had nothing to do with how much they earnt.

And, of course, it's different based on where you live. Here in Brisbane the social divisions are nowhere near as distinct as they are in Sydney. If I say, I'm from the northside of Brisbane, it doesn't make any difference because all the suburbs' attitudes are, on the whole, uniform. Of course there are the well-off suburbs and the battling suburbs, but there's not really a stigma on anyone.
__________________

__________________
~*Buffalo*~ is offline  
 

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -5. The time now is 06:48 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Design, images and all things inclusive copyright © Interference.com