to put this into perspective vs the human race,
IF you have a net of 75,000, that's the value of all liquid and hard assets minus all outstanding debts, you are in the top 10 percent of Humanity
If your net worth is 750,000 you are a 1%er of the Human race.
Even income does not tell the whole story though. My salary in NYC would barely afford me a tiny apartment, but here in North Carolina I can buy a brand new 2000 sq foot house with a small yard, still afford a nice car and some amenities.
Global poverty has actually fallen in the last 2 decades with less of humanity living in absolute poverty than in the 70s and 80s, India now has the largest population of middle class.
The current economic conditions are temporary. New technologies in manufacturing and construction will lower the costs of common goods and housing, reducing the amount of income needed to live, day to day.
Also keep in mind that class is not static, as explained by Thomas Sowell, PHD