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According to a 2021 Pew Research study that classifies adults as middle class if they belong to a household with income between 2/3 and 2x median household income ($52k-$156k for a household of three), the percentage of Americans in the middle class declined from 61% to 50% over the previous five decades (1971-2021) with 4% moving down into the ...
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 ...
High-cost urban areas: The upper limit for middle-class income might exceed $250,000 for a family of three. Rural and lower-cost regions: These areas may see a range of $55,000 to $165,000 for the ...
According to the Census Bureau’s Income in the United States: 2022 report, the median household income is $74,580 (a 2.3% decline from 2021), while household income levels for each class level ...
Wyoming. Median household income: $72,495 Lowest end of middle class income: $48,330 Highest end of middle class income: $144,990 Cynthia Measom and Gabrielle Olya contributed to the reporting of ...
In 1980 the middle class earned 17% of total income in the United States. [291] [292] [293] However, by 2019 its share decreased to 14%, a drop of 3%. Another way to see this is that in 1980 the share of the middle class was the same as that of the top 5% but by 2019 the top 5% was 9 percentage points ahead of the middle class. [294] [295]
In 2012, a household income of $35,364 qualified you as a member of the middle class in the U.S.; in 2022, $50,099 was the lowest minimum household income threshold. It also takes a lot more to ...
Median U.S. household income per County in 2021, showing the distribution of income geographically in the United States. The upper middle class consists of highly educated salaried professionals and small business owners whose work is largely self-directed. Many have advanced graduate degrees, and members of this class commonly value higher ...