![]() ![]() Pew Research, in my mind, has set a low bar for the definition of upper class. Keep in mind that $135,994 is pre-tax income. Now, this is the technical answer using Pew Research’s definition of the middle class and upper class determined by income.Īny New Yorker will tell you that a $135,994 income will not be considered upper class in New York City.Īs a native New Yorker, I don’t feel $135,994 is close enough to be able to support an upper class lifestyle. The upper middle class income is at the higher end of the range say from $115,000 to $135,994.Īnd anything above an income level of $135,994 will put you in the upper class in New York City. That puts the middle class income range in NYC at $45,331 to $135,994. Pew Research defines middle class income as those whose annual household income is two-thirds to double the median.Īnd upper class income is double the median. Pew Research’s Definition Of Middle Class And Upper Class Income Like the song goes: if you can make it there, you can make it anywhere. You need grit, determination, and resourcefulness to be able to carve out a life in New York City. The high cost of living, high taxes, and below-average wages make for a very challenging financial situation. ![]() ![]() But what is lost on most people is that the average New Yorker (median household income of $67,997) actually makes less than the average American (median household income of $70,784).Īdditionally, New York is the state with the highest taxes among the 50 states when factoring in income, sales, and property taxes. ![]()
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