Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

Is a family considered "a middle class family" if the family makes $52,000.00 a year (before taxes)?

 
Anonymous

Asked by Anonymous at 9:02 AM on Oct. 25, 2009 in Politics & Current Events

This question is closed.
Answers (40)
  • I agree with Bmat, $52K might be median range income but socioeconomic status is determined by many sociodemographic variables such as: education level, community connections, savings, earning potential, property ownership, investments so on and so forth. Anyone who works for a living is "working class" and anyone who depends on the work of others for a living is "owner class."
    NovemberLove

    Answer by NovemberLove at 1:44 PM on Oct. 25, 2009

  • After taxes would be better.   ;-)


    money in fist  © Getty Images

    Anonymous

    Answer by Anonymous at 9:10 AM on Oct. 25, 2009

  • After taxes would be better. ;-)


    Same sentiment here! ;-(
    Anonymous

    Answer by Anonymous at 9:11 AM on Oct. 25, 2009

  • Median income in the US in 2008 was $50,000(before taxes)~so, speaking generally? Yes. $52,000 would be middle class.

    grlygrlz2

    Answer by grlygrlz2 at 9:27 AM on Oct. 25, 2009

  • Middle income, maybe, but class isn't only income. It is philosophy of life, activities enjoyed, and so forth.
    Bmat

    Answer by Bmat at 9:32 AM on Oct. 25, 2009

  • It would also depend of the number of dependents?
    Anonymous

    Answer by Anonymous at 9:36 AM on Oct. 25, 2009

  • It would also depend of the number of dependents?

    My Dh, and my two children. OP
    Anonymous

    Answer by Anonymous at 9:37 AM on Oct. 25, 2009

  • So, if you make $52K/year you are middle class. If you make, $104/year you are.......upper class??? I don't think so. Which government moooooron divised that scale? That means that our combined pre-tax income of $126K puts in the upper class????? I don't think so. There are many in my town who make 3 times that. THEY are the upper class.
    jesse123456

    Answer by jesse123456 at 9:39 AM on Oct. 25, 2009

  • It REALLY depends on where you live too!! $52,000 a yr in mobile AL and you can live in a decent home in a decent part of town and have enough for the kids to play a a sport and put some in savings. That same amount in Marin County, CA will have you BARELY scraping by!

    momof030404

    Answer by momof030404 at 9:45 AM on Oct. 25, 2009

  • jesse123456, I see what you are saying. It is relative to area. These are 'generally' speaking in the US. The IRS has media income at $61,500 for the US. So there is a $11,500 difference between the IRS and Census. Who is right?

    grlygrlz2

    Answer by grlygrlz2 at 9:48 AM on Oct. 25, 2009

close Join now to connect to
other members!
Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN