Income Classes In America
In 2018 the national middle income range was about 48 500 to 145 500 annually for a household of three.
Income classes in america. From that data they split earners into different classes and often into five groups. 2 person family middle class income range. To gain a place in this income class you need to earn at least 389 436 a year. Lower income households had incomes less than 48 500 and upper income households had incomes greater than 145 500 incomes in 2018 dollars.
Poor lower middle class middle class upper middle class and wealthy. The income cutoffs that divide those. In reality much of this depends on where you live and how much debt you re paying off. While for the middle class it was 78 442 and for the lower class it was 25 624 in.
Anyone earning under 34 400 is considered in the lower income range and anyone making over 103 200 is in the upper class. The 2018 piece from pew reported that in 2016 the median income for the upper income class was 187 872.