Common People….

July 3, 2014

2014-06-28_11-29-19Nobody wants to be called Common People, especially common people.” – Will Rogers, 21 June 1925

Ain’t that the truth Will, even in the 21st century. It is always surprising at how many people claim themselves to be middle-class versus those who really are. According to Wikipedia most researchers put the middle class in two categories:

Upper Middle Class – Those are folks who earn an annual income of between $75,000 and somewhere between $100,000 and $200,000 depending on the study. These folks are typically highly-educated (often with graduate degrees), most commonly salaried, professionals and middle management with large work autonomy

Lower Middle Class – This population earns between $35,000 and $70,000 and are semi-professionals and craftsmen with a roughly average standard of living. Most have some college education and are white-collar.

Working Class – These folks make between $20,000 and $35,000 and make up about 30% of the population. They are mostly clerical and most blue-collar workers whose work is highly routinized. Standard of living varies depending on number of income earners, but is commonly just adequate. High school education.

The two middle class categories make up around 50% of the population. The working class make up another 30%. But when you ask individuals if they are middle-class almost all of the above categories say “yes”. There are even some who make up to $500,000 think they are middle class.

No one wants to be common….

 

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