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Income inequality, by percentile class, logarithmic scale (Typical income: $1.5 million, mostly from assets) These include heirs, top executives of large corporations, and owners of large, privately held companies. They primarily earn income from assets that they directly control, such as by being on the board of directors of their businesses.
This is a list of U.S. states, territories, and Washington, D.C. by income.Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands, for which the data comes from 2010, as ACS does not operate in these areas.
The following median household income data are retrieved from American Community Survey 2021 1-year estimates. In this survey, the nationwide population was 331,893,745 in 2021. [2] The median household income in 2021 across the general population (all races and ethnicities included) was $69,717. [2]
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 ...
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 ...
Based on Pew’s calculator, middle class earners are actually those whose income falls between $52,200 and $156,600, or two-thirds to double the national median when adjusted for local cost of ...
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.
To reach the upper class in 2024, you’d typically need an income exceeding $153,000 – more than double the national median. ... A billion-dollar investment strategy with minimums as low as $10 ...