Money Magazine: "How do you stack up?"
Thought this was interesting:
Ages 35-44
Upper Middle (households that place at the 60th to 79th percentile for income)
Median Income: $68,800
Median Net Worth $131,580
Median Financial Assets (Savings and investments): $33,570
77.5% own a home
91.6% of those homeowners have a mortgage
64% carry a credit card balance with a median balance of $3,000
The average debt burden (payments as a percentage of income) 21%
Upper (households that place at the 80th to 89.9th percentile for income)
Median Income: $105,770
Median Net Worth: $266,600
Median Financial Assets: $74,460
86.1% own a home
96.2% carry a mortgage on that home
67% carry a credit card balance with a median balance of $3,525
The average debt burden is 20%
Ages 45-54
Upper Middle
Median Income: $69,830
Median Net Worth: $188,600
Median Financial Assets: $56,200
79.3% own a home
84.7% carry a mortgage on that home
64% carry a credit cart balance of which median balance is $3,150
Average debt burden is 18%
Upper
Median Income: $105,770
Median Net Worth: $406,940
Median Financial Assets: $138,750
89.9% own a home
85.1% of them carry a mortgage
61% carry a credit card balance of which the median is $4,000
Average debt burden is also 18%
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