Upper Class Income Denver

Pew defines the upper class as adults whose annual household income is more than double the national median.

Upper class income denver. The income needed to meet this standard has been steadily increasing since 2001. 284 361 lower limit of top 5. Denver colorado s middle class has shrunk since 2000 as its lower and upper classes grew due in part to wages that haven t kept pace and rising costs of living and education in the. Colorado s middle class families the bell policy center by the researchers definition 49 6 percent of colorado 1 3 million families in 2016 were middle income down from 53 percent in 2000.

While for the middle class it was 78 442 and for the lower class it was 25 624 in. In denver it takes 47 000 for an adult and their preschooler to be self sufficient. The state has the sixth lowest threshold for entry to that elite crowd of all the states. Colorado counties ranked by per capita income.

For a household with two. The 2018 piece from pew reported that in 2016 the median income for the upper income class was 187 872. The site lists cost of living in colorado as 3 2 more expensive than the. Since we started westword it has been defined as the free independent voice of denver and we would like to keep it that way.

The range to be considered middle class is 26 248 129 332. 170 906 on a relative basis it s fairly easy to crack the top 5 of income earners in alabama. The median family income in our state comes in at 88 955. A new study from the pew research center says the american middle class is stable in size but is slowly losing ground due to upper income families.

Average top 5 income. But in upper class families with upper income levels. Colorado is the fifth richest state in the united states of america with a per capita income of 24 049 2000 and a personal per capita income of 34 283 2003.