9 ways to know if you're middle class

There's no hard-and-fast definition, but surveys show what kind of income and lifestyle you're likely to have if you -- and others -- think you're middle class.

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VIDEO ON MSN MONEY

866Comments
Dec 7, 2012 7:53PM
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I believe the middle class are the ones who make to much for any type of gov. assistance, but don't make enough to support their family because the gov. takes to much of there pay to give to the lower class.
Dec 7, 2012 7:53PM
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Middle class makes $45,000 per year or more? I bring home less than $25,000 per year. I don't know where I stand probably below the poverty level. I am on SSD & the only thing I have going for me to be middle class is I own a home. I bought it before my health took me out of the work force for good. How are people suppose to manage? Just got a notice from COBRA & my insurance rates went up again as did my house payment due to increase taxes and insurance. I can't even get anyone to refi my house to help out! My debt to income ratio makes me not qualify.  I do not shop at Target and I go to Walmart only for cat supplies. We have 2 stores in town that sell off brand foods and the savings is great. I have one credit card that I closed and am paying off. I don't know what else to do!
Dec 7, 2012 7:41PM
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Being middle class is like trying to walk up hill with roller skates. You will never get to the top
The concept is design to you at the bottom for the sake of profits. Years ago big business 
had cheap labor and big profits and now they want to re-lived it like  in 1700's.
I think the american dream is a  fancy, only for a few will make it like Foot Ball or Basket Ball.
America is rated very low world wide with other countries in Math and  Science. Also quality 
of life.
 
Dec 7, 2012 7:39PM
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I thought I was middle class until I read this. I guess I am lower class, wayyyyyy lower class. The only slide that applied to me was owning my home (thanks to the GI Bill).

 

I thought rich people made $40K-$60k a year. I am still happy and healthy though. Now I have something to work towards.

Dec 7, 2012 7:28PM
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I know how to tell if your middle class, you shop at warehouse club to save money cause the government taxes you to death. :)
Dec 7, 2012 7:19PM
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****es, u live in a small town your limited to where u shop, unless we drive 3 hrs, if we had the bigger stores then we would shop,their
Dec 7, 2012 7:13PM
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I believe there is a misconception in the 1% definition of so called wealthy. The true wealthy 1% control the country with their wealth in asset terms. These 1% are multimillionaires and billionaires and are the true ones who should be sharing. Not someone making $200,000 who likely has worked for years to earn that salary or business income.

The bankers , Wall Street and especially the Federal Reserve have us in bondage. I hope the people making over $200,000 a year will cut off their income at that point so they don't have to support the ones who do not want to work. This whole thing will not be sustainable for ever. The gravy train will end.



Dec 7, 2012 7:10PM
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If people weren't so materiallistic and always wanted the newest product out instead of being satisfied with what they have They would be a whole lot better off. Americans are greedy and wasteful people. What"s wrong with buying slightly perfectly used products. Shop at your local thrift stores and lower discount super markets, Everyone has to have the newest and the best and are willing to pay top dollar for it.

For heavens sake use coupons. There are so many ways to live within your comfor zone and be happy.

Dec 7, 2012 7:05PM
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well, i must be in the poverty class so why do i pay so much on April 15th, cause Seniors have no deductions and always have to pay, love the Obama yeears
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As a "semi-retired" male with a wife and no one else at home,,,I feel left out of the conversation...We have been in the middle class all our married life, but we have not taken a lot of vacations, did not save for our daughter's college, just paid it as it came, (as well as her private schools from k - graduate), and have not saved anything near what we will need to retire, which is why I am "semi-retired"...Articles such as this one seem to have the bent of always looking at what makes the wealthy pity the middle class and foists it onto the middle class...My boss takes a vacation every year, has multiple cars and several rent houses, and doesn't shop at Walmart or Target, but he is closer to this article's picture than we are...(did I mention that his a flaming liberal, and I'm a compassionate conservative)..
Dec 7, 2012 6:52PM
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Well, I meet the minimum requirements, I guess. I have a stable job, and hubby and I have a combined income of $50,000 pre-tax.

 

We take a vacation once a year (Usually Orlando since we live in So. Flo. but we'll take car trips other places.) and we have a Roth IRA. (There's not much in it, though.)

We JUST bought health insurance last month (not through our employer, who doesn't pay for anything, and that would cost us an arm and a leg. I have a friend who's a broker and he got us a good package.).

 

I don't own a home, though I inherited my grandmother's house, and her mortgage. I don't live there. My father does, and we rent an apartment.

 

I hate shopping at Target. I usually shop at Sam's because we're trying to save money so we can finish paying off our debt ($6,000 to go!).

 

I'm a fairly conservative Republican, though I don't vote party lines and will elect whomever I think can best do the job.

 

I have NO intentions of having a college fund for any of my kids. I had to work my way through school. So will they. I didn't get a free ride, and they aren't getting one either. If they want an education, they have to have the drive and ambition to get it themselves.

Dec 7, 2012 6:50PM
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Most of the people in the U.S.A are middle class. Some people are just jerks like the one who wrote this article. and the people WHO published it
Dec 7, 2012 6:47PM
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according to some of MSN's statistics I'm classified as middle class, but I sure as hell don't think I am. with the way the economy is, sometimes it's even too expensive to shop for certain things even at Walmart now these days
Dec 7, 2012 6:41PM
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Who makes up this crap?? is this "the new normal"?

and are those who make more that 250k only 2% of the population of wage erners? i dont think so.

 

You know you'll soon be middle class if you have money now. obama is going to tax you into middle class.

Dec 7, 2012 6:41PM
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You know you're middle class if ... you have to sit in traffic every day, sucking fumes from the car in front of you, so that you can get back and forth to a job you hate and brown bagging it with no Twinkies for dessert.

Dec 7, 2012 6:39PM
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I was upper middle class until I retired and with Obama not letting me get any money out of the market I am now under class. But my house is paid for, my 3 cars are paid for  my kids have finished college. I shop at both Target and Nordstroms. So what does that make me.
Dec 7, 2012 6:35PM
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WOW....MIDDLE CLASS HERE...BARELY.....BUT  I ALWAYS VOTE REPULICAN. 

WHOEVER IS ABLE TO RAISE A FAMILY, BUY A HOME, AND SURVIVE IN THIS WORLD

AND STILL SAVES $48,000 FOR EACH OF THEIR CHILDREN'S COLLEGE EDUCATION

NEEDS TO WRITE A BOOK TELLING THE REST OF US HOW TO DO IT.  I DON'T KNOW

WHO WRITES THIS STUFF OR WHERE THEY GET THE INFORMATION BUT IT DOESN'T

MATCH UP WITH MOST PEOPLE THAT I KNOW. 

Dec 7, 2012 6:34PM
Dec 7, 2012 6:29PM
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Wow...I just realized how poor I really am!  Lol...how depressing.  Oh well...thank you Obama. :o)
Dec 7, 2012 5:54PM
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My former husband, who is well on his way to his first billion, shops for all of his clothing including their inexpensive shoes, at WalMart.  I don't think you can judge people as middle class if they shop at these stores.  I try to buy all of my groceries at WalMart because the selection is extremely good and the prices are at least one third less than a regular grocery store.  Why spend money we don't have to spend.  I recently purchased six beautiful sweaters, different colors, at WalMart for thirteen dollars each.  This may sound odd but I said a little prayer of thanks and ask God to please watch over the little hands from foreign countries and the slave shops that may have helped make whatever I purchase in goods other than groceries.  That goes for all businesses who buy from these countries.  Another store is Pier 1.  What does the term Middle Class matter.
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