Income Of Middle Class In California

The median income of the middle class by by household size.

Income of middle class in california. California household income range for middle class. This of course varies by state. Pew research center which defines a middle class household income as two thirds to double the national median 55 775 as of 2016 provided cnbc with data for all 50 states and washington d c. The think tank defines the middle class as households that are earning two thirds to double the national median.

In the inland empire. 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. California ranks in the top 15 on gobankingrates list for the middle class income range in a two person family but the state drops to no. Let s take it one step deeper and look at various household sizes.

29 198 143 870 median family income. Median household income adjusted for household size. Pew defines middle class as two thirds to twice the u s. 3 person family middle class income range.

Reviewed data on u s. In california a middle class household typically earns between 44 700 and 135 500 according to data from the u s. According to a pew study released last fall the median income of middle class american households is 74 015 based on census data from 2016 the latest available. For over six years california has had a top marginal income tax rate of 13 3 the highest in the nation.

The report defines middle class as households in the range of two thirds the median income to double the median income. The median income of the middle class as of 2016 was 78 442. This of course varies by state. 86 165 13th highest middle cl.

For that same family a middle class income in the central valley and sierra region a swath stretching from calaveras county to kern county is between 52 762 and 184 666. About 150 000 households in a state of 40 million people now pay nearly half of the total.