How much do you need to earn in order to belong to the upper class in the USA

According to a Pew Research Center report for the 2018 year, 19% of adult Americans have high incomes. The average income of this group in 2016 was 187 872 dollars.

Photo

Pew defines as the upper class those adults whose annual household income is more than double the national average. In calculating income, family size was taken into account, as small families need less money to maintain the same standard of living.

On the subject: 10 real ways to earn the first million

About half of American families - 52%, were considered the middle class, while 29% belonged to the lower class. The average income of middle-class families in 2016 was 78 442 dollars. For low-income families - 25 644 dollars. These numbers are in dollars and are designed for a family of three.

Pew analyzed the number of people in the family. Here is the minimum amount you must earn each year to be considered top class, depending on the size of your family:

Single family: minimum $ 78 281
Family of two: at least $ 110 706
Family of three: at least $ 135 586
Family of four: at least $ 156 561
Family of five: at least $ 175 041

On the subject: How to make a million: success stories of Ukrainians in the USA

Pew notes that part of the upper-class US adult population varies depending on where you live: in wealthy urban areas, it significantly exceeds 19%.

San Jose, Sunnyvale, Santa Clara and California have the highest percentages—32% of adults—live in higher-income households.

Read also on ForumDaily:

Study: Americans' longevity depends on their income

How to open a company in the USA and attract investors: a step-by-step instruction

Opinion: why raising the minimum wage in New York will not improve the well-being of residents

5 US cities where jobs are growing rapidly

Do you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram  and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis.