Poll: Most millionaires think they are middle class
WASHINGTON – When it comes to wealth, many Americans feel they just don’t have enough of it to live a certain way.
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.