Here’s the Minimum Net Worth Considered To Be Upper Class in Texas

Core Insights - Texas is ranked as the 14th most affordable state to live in, with a cost-of-living index of 92.1, which is below the national average, although utilities are more expensive compared to other states [1] - The definition of "upper class" in Texas is based on net worth, with the 75th to 90th percentile representing a net worth between $714,000 and $2.1 million [2] - The minimum household income required to be considered upper class in Texas is lower than the national average, with specific figures varying based on household size [3][5] Cost of Living - Texas has a cost-of-living index of 92.1, indicating it is more affordable than the national average, except for utilities which are pricier [1] - The average personal expenditure per capita in the U.S. is $60,783, with larger households incurring higher expenses [4] Upper Class Definition - The upper class in Texas is defined by net worth, with a range of $714,000 to $2.1 million for individuals in the 75th to 90th percentile [2] - The minimum household income to be considered upper class varies by household size, with specific thresholds for two, three, and four-person households being $163,970, $182,825, and $216,568 respectively [5] Income and Household Size - A three-person household in the U.S. needs to earn over $169,800 to be classified as upper-income, which is $13,025 lower than the requirement for the same size household in Texas [3] - Larger households require greater income and net worth to maintain upper-class status in Texas [4]