While many people assess their finances based on their income, your net worth can arguably provide a more complete snapshot. Net worth can vary due to a number of factors, like age and location. Here’s a look at the net worth that could be considered upper middle class at 50. Also see the income needed to be upper middle class in the 50 largest U.S. cities. Net Worth vs. Income Around 40% of U.S. workers earning over $500,000 consider themselves as living paycheck to paycheck, according to a Goldman S ...