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Middle Class Income in 2024. The national median salary plays a significant role in determining what income qualifies as middle class. The latest figure available from the Social Security ...
A recent report from GOBankingRates found the median range for middle class income across the country is between $52,000 and $98,500 in 2024, depending on what state you live in.
By the end of 2024, it’s possible that the income range defining the upper middle class could shift upward due to factors such as inflation and rising costs of living. The expected annual ...
Median U.S. household income per county in 2021, showing the distribution of income geographically in the United States. While many Americans see income as the prime determinant of class, occupational status, educational attainment, and value systems are equally important. Income is in part determined by the scarcity of certain skill sets. [2]
To reach the upper class in 2024, you’d typically need an income exceeding $153,000 – more than double the national median. ... For the middle class, the median income was $106,092 for a ...
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 article originally appeared on GOBankingRates.com: What Is the Median Household Income for the Lower Middle Class in 2024? Show comments. Advertisement. Advertisement. In Other News.
Wyoming. Median household income: $72,495 Lowest end of middle class income: $48,330 Highest end of middle class income: $144,990 Cynthia Measom and Gabrielle Olya contributed to the reporting of ...