What Income Class Am I Calculator

However the class is about more than just how much money you make.

What income class am i calculator. Pew defines the middle class as households that have an annual pre tax income that is at least two thirds to double the national median. The income is revised upward for households that are below average in size and downward for those of above average size. This way each household s income is made equivalent to the income of a three person household the whole number nearest to the average size of a u s. The pew income calculator is a good start for learning where your income puts you given where you live and some background factors.

That ranged from 48 500 to 145 500 in 2018. For this calculator we define middle class as two thirds to two times median income for the county. Household which was 2 5 in 2018.