Real Estate News

The city with the highest threshold to be considered middle-class was Fremont, CA, with a lower limit of $104,499 and upper-bound of $311,936. Fremont was also the only city in the U.S. with a six-figure salary as the lower limit to be considered middle-class and is nearly $20,000 ahead of its successor, San Jose, which has a lower bound of $84,673 an upper bound of $252,754 for middle-class status.

Other tech cities that dominated the rankings were San Francisco at No. 4, Seattle at No. 5, and Irvine at No. 6.

High-income buyers in Fremont, CA drive real estate prices up due to their ability to compete in a highly competitive market and willingness to pay a premium for the city's desirable neighborhoods and amenities.