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Old 02-15-2008, 10:02 PM
 
Location: Trenton, NJ
387 posts, read 1,288,650 times
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I have a question and thought this would be a good debate. What do you think classifies as upper class in NJ nowdays? I know it depends on many things... But is it safe to say that to be making really good money in NJ today you must be making at least $100,000... 110,000? What do you think
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Old 02-15-2008, 10:17 PM
 
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If you are saying combined income, than I would say regular middle class for NJ. If that is someone's individual salary than I would say upper middle class, but I almost still think that is a stretch because a lot of people make that nowadays...
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Old 02-15-2008, 10:20 PM
 
Location: Trenton, NJ
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Yeah I was going for individual salary... but we could add combined income in here too. I think its kind of crazy that 100K is starting to become somewhat ordinary.
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Old 02-15-2008, 10:45 PM
 
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Quote:
Originally Posted by JackedInPrinceton View Post
But is it safe to say that to be making really good money in NJ today you must be making at least $100,000... 110,000? What do you think
100K for starters, IMO. It depends on what lifestyle you aspire to or how you define an adequate standard of living.
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Old 02-16-2008, 12:24 AM
 
Location: Central New Jersey
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Over $150K would start but in NJ $100K does not go as far as it used to and as a result that is middle class in many areas. $250K realistically I think would make you upper class.
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Old 02-16-2008, 04:35 AM
 
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I do not think 100k is upper class in NJ at all. I think 250K is Upper Class.
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Old 02-16-2008, 06:19 AM
 
Location: NEW JERSEY
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I think it's hard to set a number.

I think if you're single vs. having kids that can effect how far your money goes.

Also, if you have a huge mortgage vs. someone who bought a big house back in the day and has no or a small mortgage.

I think those things effect how much money one needs to feel more than comfortable.
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Old 02-16-2008, 07:34 AM
 
Location: GA
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I agree with at least 250k. It also depends on family size. A family of 4, to live comfortable in Essex county (darn high taxes!) needs 100k. I'm assuming this would mean not using credit cards for everything or taking multiple loans for cars, and having something leftover for savings. It's really outrageous, but considering prices on most things have tripled in the last 10 years....and not (our) salaries.....
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Old 02-16-2008, 08:54 AM
 
Location: Martinsville, NJ
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It depends on what your definition of class is. Trump makes millions and I don't think he has any class.

E
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Old 02-16-2008, 10:01 AM
 
Location: New Jersey/Florida
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Making 100K in NJ, you are just an ordinary middle class smuck. Now if you made 100K in West Virginia, Alabama and a couple of other states where the cost of living is not high than you might be considered upper class.
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