Upper Class Income Arizona

However the size of this gap can vary widely depending on where you live.

Upper class income arizona. For a household of four the minimum combined income to make the cut is 156 561. At the other end of the spectrum the upper range of. Arizona is among the states that have seen widening income inequality according to a new report. In 2016 the top 1 of americans earned 389 436 pre tax more than twice what it takes to be upper income.

In the united states people and classes are categorized by income levels. By definition there will always be a significant gap between what the median wage is in a state versus what the top 10 earn. For example if you live in new york or washington d c you ll need to earn four times the median income to crack the top 10. Average top 5 income.

Lower income households had incomes less than 45 200 and upper income households had incomes greater than 135 600 incomes in 2016 dollars kochhar said. The state s top 5 percenters pull down about 4 5 times the overall average income in the state. Adjusting for the cost of living the bottom threshold of the middle class in one state is as low as 15 165 and as high as 41 532 in another. Lower middle and upper class income levels.

Arizona household income range for middle class. To be clear upper income isn t synonymous with the 1 at least at the national level. 24 518 120 810 median family income. Arizona s in about the middle of the pack when it comes to the top 5.

69 981 16th lowest middle class share of arizona income. 46 6 24th largest richest 20. The wealthiest arizonans boosted their income nearly 1 9 times more than those in the middle class. 2 person family middle class income range.

These levels fluctuate from one year to the next and you may find yourself. By that measure a number of entire work sectors likely qualify as upper class. Most software engineers attorneys.