Why Do Some Rich Families Feel So Middle Class?
https://www.bloomberg.com/opinion/articles/2021-03-19/biden-stimulus-checks-prompt-middle-class-debate
“According to the U.S. Census Bureau’s 2019 American Community Survey, more than two-thirds of all U.S. households (68.6%) earn less than $100,000 a year. Those who make between $100,000-$149,999 annually account for another 15.7%, while those earning $150,000-$199,999 comprise 7.2% of households. Only 8.5% bring home more than $200,000 annually.
In other words, fewer than 16% of U.S. households earn
more than $150,000 per year. That would certainly seem to put those families in
the country’s elite”.
https://www.bloomberg.com/opinion/articles/2021-03-19/biden-stimulus-checks-prompt-middle-class-debate
“According to the U.S. Census Bureau’s 2019 American Community Survey, more than two-thirds of all U.S. households (68.6%) earn less than $100,000 a year. Those who make between $100,000-$149,999 annually account for another 15.7%, while those earning $150,000-$199,999 comprise 7.2% of households. Only 8.5% bring home more than $200,000 annually.