According to experts, personal income level determines individual class level. Therefore, lower-middle class income range is between $35,000 and $60,000. The upper middle class income level is income exceeding $75,000.
No, class is defined by income.
Market Consumption Capacity is basically the income of the middle class. (The percentage share of the middle class in consumption/income)
Middle Class families make $35000 to $45000 a year
The upper middle class average annual income in the eighties in England was 40,000 annually
35,000 to 70,000
Annual income 12 lacs p.a or more are qualified to be upper middle class as per prevailing inflation rate
Depends on where you are. This would be considered middle class in cities like New York and San Fransisco. But in most other locations, it would be considered upper middle class.
average middle class income in cali colombia.
No, it is not an upper class level income. It may possibly qualify as an upper middle class income though. Upper class, also known as the wealthy, receive their income from assets owned in the form of passive income. They do not work a j.o.b. receiving earned income.
A powerful middle class
For middle class, believe it or not, it's about $35K - $45K a year.