Oklahoma Watches and Warnings
Live Interactive KFOR Radar

Poll: Most millionaires think they are middle class

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

WASHINGTON – When it comes to wealth, many Americans feel they just don’t have enough of it to live a certain way.

According to the CNBC Millionaire Survey, even the wealthiest Americans still don’t feel rich.

Despite being among the wealthiest 10 percent of Americans, 44 percent of the millionaires surveyed believed they were in the middle class.

Also, 40 percent said they were upper middle class.

In all, four percent described themselves as wealthy or rich and five percent said they were upper class.

Even the Americans worth $5 million or more, who are among the wealthiest five percent, still think of themselves as more middle class than wealthy.

According to the survey, 49 percent of those worth at least $5 million define themselves as upper middle class, while 23 percent define themselves as middle class.

Only 11 percent of the $5 million club define themselves as rich.

See a mistake? Report a typo here.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.