Upper Middle Class Income Long Island

2 for those favoring an expanded definition of the middle class an alternative analysis for the three middle income quintiles together lower middle middle and upper middle is also provided.

Upper middle class income long island. Long island s median income started falling in 2009 and did not recover until 2016. Almost 1 in 4 households on long island have a 46 164 income or less a figure that includes a growing number of retirees on long island. On long island being considered middle class may cost more than you think. 51 695 19 to 154 314 3 person family middle class income range.

On long island i would say a family that makes a combined income of between 120 000 and 250 000. It would also depend on where you live in the country. Average household income is around 45 000 to 50 000 per year. Rhode island ranks in the top 20 for middle class income ranges in both two and three person families and in the top 10 for four person families.

The term upper middle class is often abused by normal middle class people in the suburbs who want to make themselves feel richer by convincing themselves they are a higher socioeconomic class then they really are. 220 000 per year might be considered upper class in nebraska but it s more upper middle class on long island. New jersey is one of the wealthiest states in the united states of america with a per capita income of 35 928 2012 and a personal per capita income of 50 781 2010. It means that income disparity on long island is getting worse.

The median value of an owner occupied housing unit is 337 900 2012 ranked fifth in the. 2 person family middle class income range. 57 772 76 to 172 456 4 person family middle class income range. The median income for a four person family in.

By 2018 it increased to 105 000 just a 1 increase of the 2009 median of 103 132.