Search results
Results from the WOW.Com Content Network
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.
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 ...
For premium support please call: 800-290-4726 more ways to reach us
In 1980 the middle class earned 17% of total income in the United States. [290] [291] [292] However, by 2019 its share decreased to 14%, a drop of 3%. Another way to see this is that in 1980 the share of the middle class was the same as that of the top 5% but by 2019 the top 5% was 9 percentage points ahead of the middle class. [293] [294]
If middle class is used in a manner that includes all persons who are at neither extreme of the social strata, it might still be influential, as such definition may include the "professional middle class", which is then commonly referred to as the "upper middle class". Despite the fact that the professional (upper) middle class is a privileged ...
The most prominent academic models split the middle class into two sections. Yet, it remains common for the term middle class to be applied for anyone in between either extreme of the socio-economic strata. The middle class is then often sub-divided into an upper-middle, middle-middle, and lower-middle class.
In their 2024 report, “The State of the American Middle Class”, they found that the median income of middle-class households in 2022 was $106,100 — up 60% from $66,400 in 1970, as measured ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 29 January 2025. Think tank based in Washington, D.C., US Pew Research Center Parent institution The Pew Charitable Trusts Established July 1, 2004 ; 20 years ago (2004-07-01) Chair Robert Groves Head Michael Dimock Staff 160+ Budget Revenue: $36 million Expenses: $43 million (FYE June 2021) Address 1615 ...