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The Pew Research Center developed the formula, which determined that 52% of adults live in middle-income households, 29% live in lower-income households and 19% live in upper-income households.
U.S. Census Bureau data from 2022 shows the national middle-class income range is between $49,271 and $147,828 — a span heavily influenced by location and cost-of-living considerations.
Based on Pew’s calculator, middle class earners are actually those whose income falls between $52,200 and $156,600, or two-thirds to double the national median when adjusted for local cost of ...
The middle class by one definition consists of an upper middle class, made up of professionals distinguished by exceptionally high educational attainment as well as high economic security; and a lower middle class, consisting of semi-professionals. While the groups overlap, differences between those at the center of both groups are considerable.
In 1990, the median family income for American Indians was $21,750, approximately 62 percent of the $35,225 median family income for all families. [16] By 2010, the median household income for Native Americans was $38,806, compared to $51,914 for the total population, making them the second poorest race on average after African-Americans ...
[5] [6] In the class models devised by these sociologists, the working class comprises between 30% and 35% of the population, roughly the same percentages as the lower middle class. According to the class model by Dennis Gilbert, the working class comprises those between the 25th and 55th percentile of society.
To qualify for Social Security spousal benefits, your spouse must currently receive retirement benefits, and you must have been married for at least one year. In addition, one of the following ...
The rate would have applied to the first $110,100 in income. However, under the Senate version of the bill, the temporary tax cut applied to only one-sixth of that income amount, or $18,350, since the income would have to be earned in the first two months of 2012.