These Are The Signs That You're “Middle Class” - Page 17 of 43

Your House Is Your Biggest Asset

If the most valuable asset you have is your home, chances are you’re part of the middle class. An analysis by New York University Economist Edward Wolff found that nearly two-thirds of middle-income households’ total wealth is in their home.

To compare, the top 20% of rich people have less than 30% of their total wealth in their home. Rich people are more likely to have a significant share of their money in stocks, other real estate, or a business.