Adjusting for the cost of living, the bottom threshold of the middle class in one state is as low as $15,165 and as high as $41,532 in another. The RPP-adjusted boundaries were defined as the range of income that could be considered middle class in a given state.įrom state to state, the cost of living varies significantly. We adjusted these boundaries for state-level cost of living using regional price parity data for 2018 from the Bureau of Economic Analysis. We reviewed the lower boundary of the second quintile and the upper boundary of the fourth quintile, representing in total 60% of American families. Census Bureau’s 2018 American Community Survey. To determine the income it takes for a family to be considered middle class in every state, using one of the wider definitions, 24/7 Wall St. Other varying definitions include a range of annual household incomes as low as $13,000 and as high as $230,000. One Pew Research Center study defines it as households earning between two-thirds and twice the median household income. For many, this group is important for cultural reasons, signifying “everyday America.” For others, it represents the consumer class that drives the American economy.īut who actually makes up the middle class in the United States? For such a commonly-discussed group, there is surprisingly little consensus on how to define the group. The strength of the American middle class is a common point of focus among politicians and analysts, as it was during this most recent presidential election. View Gallery: Income: What each state considers a middle class household
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