MSN Money

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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809Comments
Dec 12, 2012 4:52PM
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Verizon FiOS you guys suck and so does your website...slower that sHlt and you all are stupid fvck.s
Dec 12, 2012 4:51PM
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Who does this guy think he is kidding, 50k may get you at the bottom of the middle class but not be able to do what they are saying and not with that much in debt.

Dec 12, 2012 4:42PM
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Bluntly put, the uthor of this article needs to be commited to an insane asylum strapped down buck naked to a gurney and forced to watch old "30 something" episodes.

 

The idea of a middle class is what is defined by upper class. Just as history is written in favor of the victor.

 

Realistically, the "middle class" is more like a delivery driver making $10-13/ hr (21k-28k/ yr) and his wife/ gf making roughly the same being a clerk, midmanager of sorts. That is roughly $55-60K/ yr factoring in overtime or bonuses., fof BOTH together.  

 

The concept of a household making $55-60k/ yr with child(ren), insurance, carpayments, taxes, etc--not counting judgements, leins and other financial obligations----

 

Well, you get the picture....

 

The problem is with this article (and other incompitent pundits and "ANALysts) is that the authors base their research from jackwagons with no REAL TIME contact with society at its grassroots.

Dec 12, 2012 4:37PM
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I think both parties dem or rep are trying to making a sepratist country and they are doing a good job of it  rich poor middle where do you fall or fail????
Dec 12, 2012 4:11PM
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 Middle class, Upper class, what is this the only way to get ahead today is to be a thief, They do not work (sounds an awful lot like what we have in congress) and sit around thinking where the next big score is or how they can get more from the Goverment ( share the wealth program) never mind the old days of taking from the rich and giving to the poor it is now take from the working people and give to those who want to sleep in and will never work.  I know if I did not work and provide for my family no one will. If I want to eat i have to work my butt off so I have the money to do so. I am tired of driving an old vehicle and buying hamburger to eat because that is all I can afford while the guy ahead of me in line is paying for his steaks with food stamps and loading them in to a BMW or something similar. Maybe if the working class rebelled and kicked out what every one calls congress and repopulated it with people who have actually worked for a living we might have a chance of bettering the world. We send billions of dollars to Countries to help them when in return they despise us.  I say to heck with them keep the money here in the US, shut down the Borders and cut our taxes.  Then take note of who are our friends then.  College that is a dream that each year grows farther and farther beyond reach. With taxes, health care costs home improvements and why invest since the investement companies lose your money but always seem to have the money to pay the Execs.  the Goverment will bail them out but for the people that are just bobbing trying to keep their heads above water are weighed down more and more.
Dec 12, 2012 3:50PM
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To be in the middle class, you lean democratic?  Nonsense.
Dec 12, 2012 3:26PM
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I'm 70 years old . never worked

any job more 3 years. But I still feel that I'm ahead of the game. My total bills are only $2000 a month.Because I've always lived within my means. Even though I wear alligator shoses. I never get anything on credit. In my city I can caddy,sell earrings in the streets etc:I feel sorry for people who have to work to make ends meet.Never had a wife never had any personal friends never had kids. I've never been under water. No rainy days stops me     Sell umbrellas at last stop on some subway line

 

Dec 12, 2012 3:13PM
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The article is quite fair in summarizing the experience of 80% of Americans.  But if you live in Manhattan or the San Francisco Bay area, no, $40-100K per year is not going to allow you to have all the stuff mentioned.

 

I'd have added that a middle-class family can afford to own and operate some sort of a vehicle for each member either employed or performing household duties (such as shopping) outside the home, but other than that it's a pretty fair list.  By contrast, the working class or the poor would all share one vehicle, while the rich might have more vehicles than licensed drivers.

 

I think most Americans would consider President Obama's hypothetical $250K-per-year family "rich."  Actually, the consequences of the so-called "fiscal cliff" are closer to what the country SHOULD be doing right now than is either of the major parties' proposals:  bring the federal budget more into balance by BOTH increasing taxes and reducing spending, and reduce spending on defense by about a 4-to-1 proportion to social programs, since the latter will be needed more than ever for survival after the second part of the double-dip recession hits. 

Dec 12, 2012 3:11PM
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I don't believe these figures for homes. DFW area in Texas is one of the cheaper places to live in the country. If you can find a home for 70 or 75K here, you would be hard pressed to call it a nice "middle class" neighborhood. And, according to this aritcle, that's the median, so I would hate to see the lower end of middle class housing. I am sorry, but it takes a lot more than that to be in the middle class, unless you have help from family, inheritance  money or whatever. With the costs for everything nowadays, the taxes, etc. 250K per family is a far cry from wealthy IMO.  
Dec 12, 2012 2:58PM
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Probably the biggest factor in being "middle class" these days has to do with the instability of marriage as a whole.  You can be middle class if you are married, but when you get divorced you are suddenly lower class, but not low enough to get any assistance.  That is what happened to me. 
Dec 12, 2012 2:58PM
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We have an income of nearly 135k per year. I can pay for daughters college, my two teenage sons, and put about 20K a year away for retirement. I have a 300k home with a 130k mortgage. two cars that are 2006 and 2004........

 

If I am middle or upper middle class, i sure want to know where everyone gets all their money, as I sure just pay my bills and hang on. Hoping that someday I might retire.

 

I am not living high on the hog, that is for sure, but I can pay my bills. I think they really over play how well off someone is. If you make more money, you pay full boat for college, not reduced by fafsa, I pay for all my medical insurance through work.

 

Any way, you need to make way more than I am to get ahead.

Dec 12, 2012 2:53PM
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Am I the only one thinking this article was not titled correctly. It had one or two sentences about what makes a family  middle class, then went political and talked about how great the economy was going and the unemployment rate was dropping with all these new jobs. Why did the author hide their true intentions of this article. Because no one would read it if it was titled " Economy on the rebound and joblessness going away" ???
Dec 12, 2012 2:45PM
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This article is biased in favor of the liberal media agenda. The average working American isn't taking a vacation  in this economy since most are more interested in keeping their jobs. Most Americans are worried about the astronomical taxes we'll be saddled with when Obama loses the Bush tax cuts. Most Americans will be hit very hard when the hidden costs of Obamacare strikes. Younger American workers will be very shocked at the surprize cost of forced health insurance. Our former market based economy is dying quickly and there is no more middle class. Most Americans are thankful for what they have now and are hanging on. Where once 'frugal' was for the odd, or eccentric, it is now the operating standard for families in America. We are living in the second depression.
Dec 12, 2012 2:35PM
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Hate to burst bubbles but if you aren't making 200k plus a year in an Obama led society with $3.20 gas, you aren't middle class, you are poor.

Dec 12, 2012 2:18PM
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In reading through this list, I thought it's not terribly well reasoned because circumstances differ so enormously from one individual or family to the next. Yet it was consistent and somewhat revelatory. I saw no overt political slant but a report on the statistically derived sensibilities of a bare majority for I'llbombya as an aside.

Then I read the comments of the Republican right wing asylum dwellers. Christ on a stick! Do you guys have a clue about anything other than what the morons on Faux News tell you to believe? Do you honestly think that the Republican party represents YOU?

They despise you more than the Democrats do and treat your aspirations as rungs on their ladder.

When they reach their elevated status they kick that ladder down so YOU can't get up there. Yet you keep voting for them and defend the indefensible position you have taken.

I do not consider the Democrats to be the nations' salvation but the effing neo-con conspiracy of false hopes and corrupted reasoning is incomparably worse. There is truly a lesser evil. That any implication that you are in the MINORITY, that your views suck, angers you.

Just because you have ACTED stupid doesn't mean you must keep repeating the same act. At some point it becomes insanity. I mean, read your stuff. Does it really translate to activity that supports your aims? 

You're losers. Quit fighting the Civil War. It's over. Propose progressive conservative agendas instead of unscientific religious blubbering. Make yourselves relevant to the future of the world.

I don't like the Dems either but at least they don't consider me to be of no use to them. I'm not going to register for the feed lot of the rich. Neither should you.

Dec 12, 2012 1:43PM
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What a crock of **** that article is. Must be a very slow news day. I know ther getting ready to start campaigning for M. Obama in 2016.
Dec 12, 2012 1:35PM
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Mostly Lean Democratic??????  The Ignorant Dems can follow their lemming friends off of the fiscal cliff for all I care.
Dec 12, 2012 1:27PM
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It does not seem like I grew up middle class. My parents had a combined income of 50,000 in the 90's and 3 children equating to 5 people living off of 50,000. They lived paycheck to paycheck, had lots of debt in loan companies, but did have health insurance on all of us. We had one car and always leased homes. They could not afford to put any of us through college, and it funny that they made too much money for us to get grants, yet they were just getting by. If it were not for the death benefits from my deceased dad, I think times would have been harder.

I am a nurse and have an income of 75,000-78,000 with just myself to support, I do consider myself middle class. I feel the more people in the household depending on that income decreases the value of your income. How can a household of 5 depending on 40,000 compare to a household of 1 depending on 40,000?

Dec 12, 2012 1:12PM
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I grew up poor. To define poor to me meant mom (dad died when I was 5) raised 3 kids alone. She did not work. She received a government check every month.  Poor was walking to school with shoes that were so old I grew out of them, had the soles flapping and my feet got wet when it rained.  For lunch at school I ate peanut butter and jelly sandwiches or nothing at times. I was envious of the so called middle-class kids who had dads that had real jobs.  They bought their kids nice clothes and the newest 'things' I only wished I could have.  A tough childhood, but I grew up, went into the Navy, advanced fast and made more money than I ever knew possible. After retirement from the Navy I started my own company. Got rich! made millions! left the ranks of middle-class and joined the upper-class.  On the way up I managed to fit in education and gained an appreciation of the arts.  Now retired and looking back on so many years of very hard, physical work, lobor intensive work, then management work and finally paying other people to do any work required has proven to me the class system in real in all humans and will never leave us because we, as humans will always want MORE than what we have at present.
Dec 12, 2012 1:05PM
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Who's conducting this poll and who are they polling?
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