Income Level Of Middle Class In Us

51 695 19 to 154 314 3 person family middle class income range.

Income level of middle class in us. Median household income of 57 617. 2 person family middle class income range. Family income quintiles from the. For lower income households it.

These class models feature an upper or capitalist class consisting of the rich and powerful an upper middle class consisting of highly educated and affluent professionals a middle class consisting of college educated individuals employed in white collar industries a lower middle class composed of semi professionals with typically some college education a working class constituted by. 2 person family middle class income range. The pew research center defines middle class or middle income households as those with incomes that are two thirds to double the 2016 u s. 46 597 83 to 139 098 3 person family middle class income range.

Census bureau data and the pew research center definition. Middle class household income is between 46 013 and 137 406 annually using u s. 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. About one fifth of american households 19 are considered upper class while 29 are lower class the median income of upper class households was 187 872 in 2016.

But a household in the san francisco area needs a reported income of about 63 800 or 31 6 more than the u s. 57 772 76 to 172 456 4 person family middle class income range. Middle class incomes in the us were between about 40 425 to 120 672 in 2016 but the ranges shift at the state and city levels. Incomes in the middle class have lagged since 1979 write richard reeves and christopher.

Thus to step over the national middle class threshold of 48 500 a household in jackson needs an income of only about 39 300 or 19 0 less than the national standard. Reviewed data on u s.