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Joined 1 year ago
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Cake day: August 10th, 2023

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  • They should be using median net worth, not average. Median will indicate the actual middle of wealth distribution in the US, while average is skewed high by the wealth of millionaires and billionaires.

    According to the Census Bureau’s 2022 The Survey of Income and Program Participation (SIPP)

    Percentile 2021 dollars 10th . . . . . . . . . . . . . 0 25th . . . . . . . . . . . . . 16,560 50th . . . . . . . . . . . . . 166,900 75th . . . . . . . . . . . . . 604,900 90th . . . . . . . . . . . . . 1,623,000

    So he’s firmly upper middle class. Like most normal boomers.