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States in the United States by median family household income according to the U.S. Census Bureau American Community Survey 2013–2017 5-Year Estimates. [52] States with median family household incomes higher than the United States as a whole are in full green.
Many have graduate degrees with educational attainment serving as the main distinguishing feature of this class. Household incomes commonly exceed $100,000, with some smaller one-income earners household having incomes in the high 5-figure range. [2] [10] "The upper middle class has grown...and its composition has changed.
A social class or social stratum is a grouping of people into a set of hierarchical social categories, [1] the most common being the working class, middle class, and upper class. Membership of a social class can for example be dependent on education, wealth, occupation, income, and belonging to a particular subculture or social network. [2]
Hollowing out of the middle class refers to its loss in income share beginning with Reaganomics. [288] [289] [290] The middle class is defined as the middle 20% of the income distribution, i.e. those between the 40th and 60th percentile. In 1980 the middle class earned 17% of total income in the United States.
Hart and Risley (2003) spent 2½ years observing 42 families for an hour each month to learn what typical home life was like for 1- and 2-year-old children. The families were grouped into 4 variables, upper SES, middle SES, lower SES and just a few that were on welfare. The middle- and low-SES families were grouped in the final analysis.
The category of newly industrialized country (NIC), newly industrialized economy (NIE) [1] or middle income country [2] is a socioeconomic classification applied to several countries around the world by political scientists and economists.
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The NRS social grades are a system of demographic classification used in the United Kingdom.They were originally developed by the National Readership Survey (NRS) to classify readers, but have since been used by many other organisations for wider applications and have become a standard for market research. [1]