In the U.S, would a combined household income of 50,000 dollars a year be considered middle class?
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If a household was to make a combined annual income of 50,000 dollars a year, have about 150,000 dollars in savings and the main income generator is part of a union and also has a good insurance plan, benefits and 401K , with all this, would it be enough to consider someone Middle class?
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Answer:
Depends on where you live and the size of the household. DO you own your house? How old are your kid? Do they plan to go to college. For two people living by themselves and not in a metropolitan area though who own their own home that is plenty comfortable.
Luigi at Yahoo! Answers Visit the source
Other answers
It really depends on the family/how many people. For one person to live completely content, you need 75,000 dollars a year. Per person. So no, that probably would not be. But MC is so broad of a definition anymore… But honestly, it would be very borderline if it was MC. I would honestly say no, personally. But wikipedia says differently. A quote on the article I provided says 25-100 thousand a year. So yah, that sounds right. But it also says per person…
Aerowyn Laendler
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