Silicon Valley is so expensive, people who make $400,000 think they're middle class — here's what middle class actually is in the 25 largest US cities
Business Insider -

Sergi Alexander/Getty Images for Haute Living

The middle class is defined by the US government in terms of income.

Middle class Americans earned between $39,560 and $118,080 in 2016, according to Pew, but middle class income ranges vary at the state and city levels.

Some Silicon Valley residents earning $400,000 consider themselves to be middle class, even though they're far from it.

Residents of Silicon Valley self-identify as middle class, even when their salaries dwarf the true...


Related Articles