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GOBankingRates
GOBankingRates
Caitlyn Moorhead

US Family Net Worth: How To Tell if You’re Poor, Middle Class or Rich

svetikd / Getty Images

The grass is always greener in the neighbor’s yard that looks richer, but understanding where you fall on the wealth spectrum isn’t always as simple as checking your bank balance. In the United States, family net worth, not just income, plays a major role in determining whether a household is considered poor, middle class or rich.

Explore Next: Here’s the Minimum Net Worth To Be Considered Upper Class by 2027

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