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If middle class is used in a manner that includes all persons who are at neither extreme of the social strata, it might still be influential, as such definition may include the "professional middle class", which is then commonly referred to as the "upper middle class". Despite the fact that the professional (upper) middle class is a privileged ...
According to The Economist, 78 million of India's population are considered middle class as of 2017, if defined using the cutoff of those making more than $10 per day, a standard used by the India's National Council of Applied Economic Research. [46] If including those with incomes between $2 and $10 per day, the number increases to 604 million.
Using Pew’s definition of the middle class, GOBankingRates analyzed data from the 2022 American Community Survey as conducted by the U.S. Census Bureau, then found the middle-class income for ...
The upper middle class tends to have great influence over the course of society. [3] Occupations which require high educational attainment are usually well compensated and held in high public esteem. Physicians, lawyers, accountants, engineers, scientists and professors are largely considered to be upper middle class. [26]
By the Census data, it means that if you earn between $50,000 and $150,000 a year, you are considered middle class. It’s a pretty straightforward answer, but it isn’t particularly helpful if ...
The middle class is a broad group of people, so it's separated into three categories: Lower middle class, middle class, and upper middle class. Here's the financial data for each one. Lower middle ...
Here is the income needed to be considered middle class within each generation, accounting for 36% of income spent on debt repayment: Gen Z: $64,454.33. Millennials: $73,607.33.
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.