Social status attatched to house price?

Question

What value would a house have to be for you to be considered: Rich, Upper Middle Class, Middle Class, Lower Middle Class, Poor. Just wondering what the national (Talking about US) opinion on this is. You don't have to answer them all if you don't feel like it but just give your opinion on at least one of them. Either a range or just a price you would have to be above to be considered in that level. Thanks! :)

PS: I realize house value may not always pertain to how rich you are but this is just for general purposes. Just saying this because I don't want a bunch of picky people to come and tear apart my question!

Yeah, I guess it does greatly depend on where you live, but at least it's interesting to see how it differs from place to place.

I live in Orange County, CA. And where I live the ranges would go something like this:

Rich: 4 million or more
Upper Middle Class: 1 million - 4 million
Middle Class: 500,000 - 1 million
Lower Middle Class: Good luck finding a house under 500,000!!!

Answer 1

In my area of the country (Northwest USA) it seems to follow this pattern:
Rich--$1 million and above
Upper middle class--$250,000 to 1 million
Middle Class--$100,000 to 250,000
Lower Middle Class--$50,000 to 100,000
Poor--Under $50,000 or Apartment.

I know the spectrum is a little different depending on relative population of different areas of the country, but right now with the housing market as it is, this is about where house values are in relation to status.

Answer 2

I just think it depends on where you live. I'm in Texas. A $300,000 home in most of TX would cost about 2 or 3 times that in CA or CT. Also, the same $300,000 would probably only cost about $180,000 in Arkansas or Louisiana. So it really just depends.
I think it's safe to say if you have a home $500,000 are above, you're definitely living high on the hog. But a $100,000 could be very nice or very small, depending on where you live.