Studies such as that conducted by Charolett Wold for Investopedia have found an increasing amount of individuals with an ultra-high net worth. However, studies such as CNBC’s Make It have found inconsistencies between individuals actual class rank, and their perception of their class rank. We decided to test contributing factors to an individual's perception of being middle class; such as political affiliation, as well as geographical location
Hoskinson, Luke and Schreyer, Sam, "Average Perception of the Middle Class" (2020). 2020 SACAD Entrants. 37.