Upper Middle Class Income Pennsylvania

Its median household income is 40 106 2000 ranked twenty eighth in the country and its median family income is 49 184 2000 the twenty sixth highest in the country.

Upper middle class income pennsylvania. And during that time both upper and lower income segments of the population have been growing at the expense of the middle class. Pew has run the numbers and found that the median household income for a family of four is 73 659 according to. How much does a family have to earn to be considered middle class in pennsylvania. By that formulation the upper middle class might be the fourth highest income quintile the one above the middle but below the wealthiest.

Those households range from 74 875 to 121 017 in income nationally. In 2016 the top 1 of americans earned 389 436 pre tax more than twice what it takes to be upper income. To be clear upper income isn t synonymous with the 1 at least at the national level. But over time the middle class has been shrinking.

In 1971 61 of adults lived in middle class households. In order to find out how much a middle class family is earning gobankingrates multiplied each median income by 0 67 for the lower endpoint and by 2 for the upper endpoint. The middle class is shrinking the share of adults who live in middle income households according to the pew research center fell in the majority of metro areas in the u s. Between 2000 and 2014.