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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 ...
A person making $70,000 per year today might be middle income, Bea says, but they might also have high debt, like credit card debt and student loans, which makes homeownership and other ...
In a 2022 Gallup poll, 38% of Americans identified themselves as “middle class,” 14% as “upper-middle class” and only 2% as “upper class.” Almost half of Americans as a whole believe ...
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% ...
How much income is considered middle class in 2024? ... and $150,000 a year, you are considered middle class. ... lower income bracket into the middle class. Find Out: How Much Money Do Americans ...
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 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 ...
“For example, in the gig economy era, many individuals may not have traditional 9-5 jobs or own homes, yet they can still be considered middle class if they have a stable income, health ...