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Median household income according to the pew research center.
Income levels middle class. No single definition for middle class exists but it s often considered between 67 and 200 the median income and is based on a variety of factors including wealth and consumption. 2 person family middle class income range. Let s take it one step deeper and look at various household sizes. 66 926 97 to 199 782 rhode island ranks in the top 20 for middle class income ranges in both two and three person families and in the top 10 for four.
The middle class constitutes a slim majority of the u s. 37 172 94 to 110 964 3 person family middle class income range. 42 604 63 to 127 178 4 person family middle class income range. Lower middle and upper class income levels.
The median income of the middle class as of 2016 was 78 442. Household income quintiles from the u. Household of one. Reviewed data on the upper and lower bounds of u s.
The think tank defines the middle class as households that are earning two thirds to double the national median. To determine the income it takes for a family to be considered middle class in every state 24 7 wall st. Norm to join the middle class. Middle class income or middle income households are those with incomes that are two thirds to double the u s.
4 person family middle class income range. The share of income captured by the middle class has. 26 093 to 78 281 household of two. But a household in the san francisco area needs a reported income of about 63 800 or 31 6 more than the u s.
These levels fluctuate from one year to the next and you. Learn what middle class income means how this metric is calculated and which factors other than income impact who s considered middle class. 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.
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