The Minimum Salary Required To Be Considered Upper Class in California
If you think earning six figures makes you upper class in California, you might be surprised to learn it’s not quite that simple. With the state's high cost of living, particularly in cities like San Francisco and Los Angeles, the income required to reach the upper class is higher than many expect. According to research, the minimum salary needed to be considered upper class in the Golden State is significantly higher than in many other states, ranking as the fourth highest in the country.
- The disparity in cost of living across California's regions underscores the complexity of defining upper class income, highlighting the need for region-specific thresholds.
- How might policymakers address the issue of unequal access to wealth-building opportunities across different socioeconomic areas within California?