IF YOU'RE WHITE & MAKE UNDER $50K A YEAR PLEASE READ

Badweather · 04-29-2015, 12:22 PM

Understanding poverty, the middle class, and the upper class. According to the Census Bureau, 46.2 million people—about 15 percent of the U.S. population—currently live below the poverty line, or the income level needed to make a bare-essentials living in the United States. This figure depends on a number of factors, but is currently calculated to be an annual income of $23,050 for a family of four.

The next level of income is the middle class, a broad category that captures the vast majority of Americans. It's also controversial: Scholars and studies define sections of the middle class differently. But there are similarities between nearly all classifications.

The working class falls at the lowest end of the middle-class spectrum. These workers are employed in blue-collar industries or are paid by the hour. They typically have lower levels of education.

Next is the lower-middle class, which is primarily comprised of lower-level, white-collar workers. These workers typically have college educations, but lack the graduate degrees needed to advance to higher levels of employment. Income for these workers generally falls between $32,500 and $60,000.

Upper-middle-class workers typically have post-graduate degrees and work at high-level, white-collar positions. Household income for these workers is often above $100,000. According to the Census bureau, upper-middle-class, or professional class workers, earn enough to be in the top one-third of American incomes.

The next income level is what is commonly called the "5 percent," or the percentage of Americans who make more than $150,000 annually. At the top of the economic ladder is the so-called "1 percent," or households that earn more than $250,000 annually.

cited from: http://money.usnews.com/money/person...c-class-system

04-29-2015, 12:22 PM	#11
Badweather Chillin' like FUCK!!! Join Date: Jan 2013 Posts: 2,850 Battle Record: 1-1 Rep Power: 0	Understanding poverty, the middle class, and the upper class. According to the Census Bureau, 46.2 million people—about 15 percent of the U.S. population—currently live below the poverty line, or the income level needed to make a bare-essentials living in the United States. This figure depends on a number of factors, but is currently calculated to be an annual income of $23,050 for a family of four. The next level of income is the middle class, a broad category that captures the vast majority of Americans. It's also controversial: Scholars and studies define sections of the middle class differently. But there are similarities between nearly all classifications. The working class falls at the lowest end of the middle-class spectrum. These workers are employed in blue-collar industries or are paid by the hour. They typically have lower levels of education. Next is the lower-middle class, which is primarily comprised of lower-level, white-collar workers. These workers typically have college educations, but lack the graduate degrees needed to advance to higher levels of employment. Income for these workers generally falls between $32,500 and $60,000. Upper-middle-class workers typically have post-graduate degrees and work at high-level, white-collar positions. Household income for these workers is often above $100,000. According to the Census bureau, upper-middle-class, or professional class workers, earn enough to be in the top one-third of American incomes. The next income level is what is commonly called the "5 percent," or the percentage of Americans who make more than $150,000 annually. At the top of the economic ladder is the so-called "1 percent," or households that earn more than $250,000 annually. cited from: http://money.usnews.com/money/person...c-class-system __________________ Chill Phil My rep hand is NOT WAY strong anymore.