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The median income of the middle class by by household size.
How much income upper middle class. And for two breadwinners and a pair of kids the level goes even further up to 60 499. 2 person family middle class income range. But of course the relative strength of your income depends largely on where you live. Lower income households had incomes less than 48 500 and upper income households had incomes greater than 145 500 incomes in 2018 dollars.
Those households range from 74 875 to 121 017 in income nationally. Minimum of 175 041 pew defines the upper class as adults whose annual household income is more than double the national median which was 57 617 in 2016. According to a 2018 report from the pew research center 19 of american adults live in upper income households the median income of that group was 187 872 in 2016. Let s take it one step deeper and look at various household sizes.
By that formulation the upper middle class might be the fourth highest income quintile the one above the middle but below the wealthiest. 4 person family middle class income range. The median income of the middle class as of 2016 was 78 442. Here s the income range you d have to earn each year to be considered middle class depending on the size of your family.
These income ranges vary with the cost of living in metropolitan areas and with household size. Household of one. Pew defines the upper class. The think tank defines the middle class as households that are earning two thirds to double the national median.
Pew research center defines middle class as those earning between 67 percent and 200 percent of the median income which works out to income. For a household of 3 people it goes higher to 50 697. Having a child or getting married raises the bar to middle class entry to 43 693. 26 093 to 78 281 household of two.
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