According to a 2018 report from the Pew Research Center, 19% of American adults live in upper-income households. The median income of that group was $187,872 in 2016. Pew defines the upper class as adults whose annual household income is more than double the national median.

What is upper upper class income?

Those making less than $39,500 make up the lower-income bracket, while those making more than $118,000 make up the upper-income bracket.

What is considered high upper class?

For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.

What is upper class in the UK?

(also the upper classes [ plural ]) C1. a social group consisting of the people who have the highest social rank and who are usually rich: The upper classes usually send their children to expensive private schools.

What does the top 5% earn?

The top 5% of households, three quarters of whom had two income earners, had incomes of $166,200 (about 10 times the 2009 US minimum wage, for one income earner, and about 5 times the 2009 US minimum wage for two income earners) or higher, with the top 10% having incomes well in excess of $100,000.

What is top 5% income in US?

Annual Wages of Top Earners2018 Annual WagesGroupWagesTop 1% of Earners$737,697Top 5% of Earners$309,348Top 10% of Earners$158,0021 more row•Jun 10, 2021

What is the UK average salary 2020?

£25,780 According to the ONS, the average salary in the UK in 2020 is £25,780, an increase of 3.4% compared to figures released in 2019. A Q1 analysis from the ONS, shows that there was a 1.6% increase in average pay compared to 2020, meaning the current average salary is £26,193.