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To gain a place in this income class you need to earn at least 389 436 a year.
What income classes are there. 51 695 19 to 154 314 3 person family middle class income range. 57 772 76 to 172 456 4 person family middle class income range. Median household income according to the pew research center. The middle class constitutes a slim majority of the u s.
After middle income class only two classifications are left. Based on the same poverty threshold number the former must make between p125 772 and p209 620 in a month and the latter anything beyond those numbers. 1 the upper class. The share of income captured by the middle class has.
The upper income class and the rich. There are other definitions of middle class income depending on the source. Middle class incomes are those that are two thirds to double the u s. On average the upper 1 earns 1 2 million each year.
Some experts say wealth or consumption are better measures of the middle class.
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