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.
Next is the lower-middle class, which is primarily comprised of lower-level, white-collar workers. These workers typically have college educations, but lack the graduate degrees needed to advance to higher levels of employment. Income for these workers generally falls between $32,500 and $60,000.Upper-middle-class workers typically have post-graduate degrees and work at high-level, white-collar positions. Household income for these workers is often above $100,000.According to the Census bureau, upper-middle-class, or professional class workers, earn enough to be in the top one-third of American incomes.ncome for these workers generally falls between $32,500 and $60,000. Upper-middle-class workers typically have post-graduate degrees and work at high-level, white-collar positions. Household income for these workers is often above $100,000.