American Upper Middle Class
For more details on this topic, see Upper middle class in the United States.- 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 may exceed $100,000, with some smaller one-income earners earning incomes in the high 5-figure range. Typical professions for this class include lawyers, physicians, optometrists, dentists, engineers, professors, architects, economists, political scientists, pharmacists, school principals, civil service executives and civilian contractors.
| “ |
"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. |
” |
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.
Read more about this topic: Upper Middle Class
Famous quotes containing the words american, upper, middle and/or class:
“An ... important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality. Superficial observers have long criticized the United States for making a fetish of youth. This is unfair. Uniquely among modern organs of public and private administration, its national legislature rewards senility.”
—John Kenneth Galbraith (b. 1908)
“When my old wife lived, upon
This day she was both pantler, butler, cook,
Both dame and servant, welcomed all, served all,
Would sing her song and dance her turn, now here
At upper end o’the table, now i’the middle,
On his shoulder, and his, her face afire
With labor, and the thing she took to quench it
She would to each one sip.”
—William Shakespeare (1564–1616)
“The goods of fortune ... were never intended to be talked out of the world.—But as virtue and true wisdom lie in the middle of extremes,—on one hand, not to neglect and despise riches, so as to forget ourselves,—and on the other, not to pursue and love them so, as to forget God;Mto have them sometimes in our heads,—but always something more important in our hearts.”
—Laurence Sterne (1713–1768)
“But the strong and healthy yeoman and husbands of the land, the self-sustaining class of inventive and industrious men, fear no competition or superiority. Come what will, their faculty cannot be spared.”
—Ralph Waldo Emerson (1803–1882)