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.
The aggregate income measures the combined income earned by all persons in a particular income group. In 2007, all households in the United States earned roughly $7.723 trillion. One half, 49.98%, of all income in the US was earned by households with an income over $100,000, the top twenty percent. Over one quarter, 28.5%, of all income was earned by the top 8%, those households earning more than $150,000 a year.