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In 1971, 61% of Americans lived in middle-class households, according to a recent Pew Research Center analysis of government data. By 2023, only 51% were considered middle class. By 2023, only 51% ...
Upper middle class. Median net worth: $300,800. Median income: $115,660. The upper middle class consists of those in the 60th to 80th percentile of household income. The median net worth is nearly ...
Curious about where your paycheck stands compared to the average middle-class American? According to Pew Research, the median income for middle-class households reached $106,100 in 2022. That's a ...
Income data indicate that the middle class, including the upper middle class, have seen far slower income growth than the top 1% since 1980. [ 40 ] [ 41 ] While its income increased as fast as that of the rich in the years following World War II , it has since experienced far slower income gains than the top.
Relative income growth, organized by percentile classes, normalized to 1970 levels. Graph accounts for both income growth, and the hidden decline in the progressivity of the tax code at the top, the wealthiest earners having seen their effective tax rates steadily fall. [15]
In their 2024 report, “The State of the American Middle Class”, they found that the median income of middle-class households in 2022 was $106,100 — up 60% from $66,400 in 1970, as measured ...
Median U.S. household income per County in 2021 Median U.S. household income through 2019 U.S. real median household income reached $63,688 in January 2019, an increase of $171 or 0.3% over one month over that of December 2018. This article is part of a series on Income in the United States of America Topics Household Personal Affluence Social class Income inequality gender pay gap racial pay ...
The financial reality of being in the middle class -- defined by the Pew Research Center as those with an income that is two-thirds to double that of the U.S. median household income -- has become