Have you ever wondered if you are working class, middle class, or wealthy? This crucial question is often left unanswered. Yet data does exist.
To determine which social category one belongs to, one must first set income thresholds. The Inequality Observatory began with the poverty line, which corresponds to half of the median income, i.e. the income below which 50% of the population is located and above which 50% of the population is also placed. population. Popular categories are all people with incomes in the bottom 30%. The middle classes are between that 30% and the richest 20%, which we call the ‘affluent classes’. The wealth threshold is set at twice the median income. Now for the theory.
In practice, you will find in the table below all these calculations and you will be able to situate yourself. It is important to note that the level of income required to be considered rich or poor varies according to the composition of the family. The Inequality Observatory has therefore established thresholds for different types of households, taking into account the size of the family.
Here are some examples to help you situate yourself:
We hope this information helps you better understand where you are on the income scale. Remember that these thresholds are based on Insee data for 2020, the latest available, and may vary over time.