Are you lower, middle or upper class...? If you live in the United States, there's actually quite an easy way to work out the answer to that question. With data from the US Census Bureau that was analysed and compiled by Business Insider, we're able to take a closer look at just how much money your household needs to bring in per year in order for your family to be able to classify themselves as upper class. The numbers are based on the Pew Research Center's definition of what upper class is (that your household earns at least double a state's median household income). So let's take a look at all 50 states
Mississippi - Annual household income needed to be considered 'upper class': $105,438
Awkwardly claiming 50th place, Mississippi has the lowest upper class threshold in the nation, requiring just over $105,438 per household to qualify. While nearly 19.3% of residents make this amount, high poverty rates and a serious lack of major corporate hubs keep overall wages suppressed. The Magnolia State’s economy leans heavily on agriculture and manufacturing, with few high-paying tech or finance jobs boosting earnings (Picture: Getty Images)
Mississippi - Annual household income needed to be considered 'upper class': $105,438
Awkwardly claiming 50th place, Mississippi has the lowest upper class threshold in the nation, requiring just over $105,438 per household to qualify. While nearly 19.3% of residents make this amount, high poverty rates and a serious lack of major corporate hubs keep overall wages suppressed. The Magnolia State’s economy leans heavily on agriculture and manufacturing, with few high-paying tech or finance jobs boosting earnings (Picture: Getty Images)