At this point, you also need to save $285 a month so that you have $25,000 in cash ready for your next car purchase at the fourteen year mark â seven years after this one. $23,940 of the savings will be cash and the rest will be interest â $1,104.64.
Families with household income above $100,000 per year are considered to be upper class in the United States. The top 5 percent are households that make more than $150,000... Families with household income above $100,000 per year are considered to be upper class in the United States. The top 5 percent are households that make more than $150,000 annually. Median household income in the United States is $50,054 per year, according to the U.S. Census Bureau in a report issued in 2012.
You might be surprised to learn that the top 20 percent of income earners bring in a household income of just over $100,000. The top 10 percent of earners have a household income of more than $148,687.To be considered in the top 1 percent, household income is at least $521,411.My friend Alexander Green of The Oxford Club brings these figures to his readersâ attention in â How to Know if Youâre Rich .â Iâve known Alex for years.arning enough income to be in the top 1, 10 or 20 percent is no small accomplishment, but chances are good that many people you know, and may not think of as rich, fall into the top 1, 10 or 20 percent.