When I was a poor kid from the rust belt, I dreamed of becoming an adult and getting a Phd. and talking deeply with the intellectual elite. I never got that Phd. but I became happily upper middle class, and thus got to hang out with a lot of Phds., often from good schools. Not surprisingly, many of them came from upper-class areas, and upper middle class or wealthy families. What surprised me of this bunch was the ge…
I'm also in a PhD program and my experience here is slightly different than your own. Specifically, I'm probably the median in terms of economic backgrounds among the graduate students in my program. Yes, there are some students from upper middle class and wealthy families, but I know just as many grad students who were living on welfare before going to college. Heck, even out of the professors, more of them are sons of farmers and bakers than of bankers or doctors.
I should include my own samples biases here. First, I'm at a large, state school, not a private institution. Sopooneo has already commented that that could make a difference. Also, the majority of my social group is in the physics department, so I'm not sure how well this extends outside the sciences.