Upper Middle Class Income San Francisco

A person making 54 000 120 000 can comfortably consider himself or herself middle class.

Upper middle class income san francisco. That group of upper class households had a median income of 187 872. If san francisco s true middle earners are endangered reclassifying them into obscurity won t be much solace. Middle class americans earned about 40 425 to. You can certainly raise a family earning less as many do but it won t be easy if your goal is to save for retirement save for.

Families in the san francisco area who earn more than 100 000 are actually considered low income by the. San francisco median household. Middle class income by state. Still a six figure income may not always guarantee an upper middle class lifestyle.

But no that s not what middle class means at all. Median household income 96 265 middle class income range 64 177 to 192 530. According to an analysis of government data by pew research center 30 percent of american adults in the san francisco oakland hayward metropolitan area lived in upper income households. In order to comfortably raise a family in an expensive coastal city like san francisco or new york you ve got to make at least 300 000 a year.

Let me tell you a sad story about who households need to earn multiple six figures to live a middle class lifestyle today. Five of those san francisco sunnyvale san jose oakland and fremont landed in the study s top 20 in. Financial samurai definition of middle class. You might argue that with income and prices both on the rise what might have once passed for upper class is now upper middle or just plain middle and everyone gets a demotion in turn.

Median household income 63 251 middle class income range 42 167 to 126 502. California median household income. The study measured middle class income ranges for the 200 largest american cities. If you make within 50 of your city s household income for your age you are middle class.

For example the average household income in san francisco is 80 000. In order to be considered upper class according to cnbc a household must earn over double the median household income.