8/18/2023 0 Comments Middle class us![]() Census Bureau’s 2018 American Community Survey to determine how much two-, three- and four-person families need to earn in every state to qualify for this classification.įind out the state’s where it’s easiest to be middle class.Ģ-person family middle-class income range: $37,172.94 to $110,964ģ-person family middle-class income range: $42,604.63 to $127,178Ĥ-person family middle-class income range: $52,438.89 to $156,534Ģ-person family middle-class income range: $56,330.92 to $168,152ģ-person family middle-class income range: $60,428.64 to $180,384Ĥ-person family middle-class income range: $69,665.26 to $207,956Ģ-person family middle-class income range: $42,284.37 to $126,222ģ-person family middle-class income range: $45,197.53 to $134,918Ĥ-person family middle-class income range: $53,119.61 to $158,566Ģ-person family middle-class income range: $35,087.23 to $104,738ģ-person family middle-class income range: $38,855.31 to $115,986Ĥ-person family middle-class income range: $46,507.38 to $138,828Ģ-person family middle-class income range: $50,117.34 to $149,604ģ-person family middle-class income range: $54,870.99 to $163,794Ĥ-person family middle-class income range: $62,647.68 to $187,008 Using Pew’s definition of middle class, GOBankingRates analyzed data from the U.S. However, because the cost of living and average income varies so widely from state to state, the income needed to be “middle class” in one state could be much more or less than what it takes to be middle class in another. The Pew Research Center defines middle class, or middle-income households, as those with incomes that are two-thirds to double the U.S. Inflation hardship information by detailed income group is courtesy of Gallup.What is considered middle class? It might take more money than you think to reach this income tier. Our story references Urban Institute’s definition of the “middle-middle” class, rather than the full range of lower-middle-, middle-middle- and upper-middle-class incomes.ĭata about retirement savings and emergency savings were calculated from the Federal Reserve Board’s Survey of Household Economics and Decisionmaking microdata. Stephen Rose at the Urban Institute, whose definition of the middle class is cited in this story, could not be reached for comment. ![]() Rakesh Kochhar at the Pew Research Center, Richard Reeves at Brookings, Caitlin Zaloom at New York University and Rachel Sherman at the New School were consulted for this story. ![]() Our three definitions of the middle class come from the Pew Research Center (distance from median income), Brookings Institution (middle 60 percent of household incomes) and Urban Institute (distance from the 2021 poverty level). The Census Bureau does not calculate median incomes for all rural areas, so we used the median of median incomes in a state’s rural Zip codes as a comparison point. Income for Zip codes and core-based statistical areas are based on the Current Population Survey using data collected between 20. The national distribution of household income across the United States was calculated from the 2022 Current Population Survey’s Annual Social and Economic Supplement. We used a variety of data sources on income. ![]() Paper and bill textures in topper from iStock. Reporting by Alyssa Fowers, Shelly Tan, Luis Melgar and Kevin Schaul.
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