American Upper Middle Class
- See American Professional/Managerial middle class for a complete overview of the American middle classes.
In the United States the term middle class and its subdivisions are an extremely vague concept as neither economists nor sociologists have precisely defined the term. There are several perceptions of the upper middle class and what the term means. In academic models the term applies to highly educated salaried professionals whose work is largely self-directed. Many have graduate degrees with educational attainment serving as the main distinguishing feature of this class. Household incomes commonly exceed $100,000, with some smaller one-income earners household having incomes in the high 5-figure range.
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"The upper middle class has grown...and its composition has changed. Increasingly salaried managers and professionals have replaced individual business owners and independent professionals. The key to the success of the upper middle class is the growing importance of educational certification...its lifestyles and opinions are becoming increasingly normative for the whole society. It is in fact a porous class, open to people...who earn the right credentials. "- Dennis Gilbert, The American Class Structure, 1998. |
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In addition to having autonomy in their work, above-average incomes, and advanced educations, the upper middle class also tends to be influential, setting trends and largely shaping public opinion. Overall, members of this class are also secure from economic down-turns and, unlike their counterparts in the statistical middle class, do not need to fear downsizing, corporate cost-cutting, or outsourcing—an economic benefit largely attributable to their graduate degrees and comfortable incomes, likely in the top income quintile or top third. Typical professions for this class include professors, accountants, architects, urban planners, engineers, economists, pharmacists, executive assistants, political scientists, physicians, optometrists, and lawyers.
Read more about this topic: Upper Middle Class In The United States
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