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What is upper class in Charlotte?

Published in Charlotte Income Brackets 2 mins read

In Charlotte, North Carolina, "upper class" is often defined by income, with salary benchmarks indicating the financial thresholds for this designation. Based on recent data, an annual salary significantly above the average, particularly reaching the top earning percentiles, can be considered characteristic of upper-class income.

Understanding Upper Class Salaries in Charlotte

While "upper class" encompasses more than just income, including wealth, assets, and lifestyle, salary provides a clear financial metric. For Charlotte, specific salary ranges indicate where top earners stand.

Here's a breakdown of salary percentiles for what's identified as "Upper Class Salary" in Charlotte:

Category Annual Salary Monthly Pay
Top Earners $83,050 $6,920
75th Percentile $65,667 $5,472
Average $57,651 $4,804
25th Percentile $37,662 $3,138

Data source: ZipRecruiter

What These Figures Mean

  • Top Earners: Individuals in this bracket represent the highest earning segment within the "upper class salary" category, earning at least $83,050 annually. This level of income signifies a strong financial standing, enabling a premium lifestyle in Charlotte.
  • 75th Percentile: Earning $65,667 annually places an individual above 75% of those surveyed in the "upper class salary" context. This income level indicates a comfortable financial position and access to a higher standard of living than the average Charlotte resident.

These figures illustrate that an individual earning over $65,000 annually, and especially those approaching or exceeding $83,000, are considered to be within the upper class financially in Charlotte. This income level typically supports homeownership in desirable neighborhoods, discretionary spending, and savings.