Income Definition Of Middle Class
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Middle class household income is between 46 013 and 137 406 annually using u s.
Income definition of middle class. The median income of the middle class by by household size. Regional disparities in income and the cost of living mean that salary based. The median income of the middle class as of 2016 was 78 442. Let s take it one step deeper and look at various household sizes.
Reviewed data on u s. To determine the income it takes for a family to be considered middle class in every state using one of the wider definitions 24 7 wall st. Family income quintiles from the. The income parameters that define the middle class continue to change and not solely based on the rate of inflation.