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In the central southeast states it falls to 47 356.
Upper middle class income by state. 2 person family middle class income range. Reviewed data on the upper and lower bounds of u s. 51 695 19 to 154 314 3 person family middle class income range. In order to find the states where it s easiest to go from middle class to upper class gobankingrates found each state s 1 2018 median household income as well as 2 the year.
49 2 the largest richest 20 share. The problem with being middle class is that income has stagnated over time while the wealthy have gotten tremendously wealthy since the economic recovery began. Notice how from 1998 to 2016 the median household income went. 26 553 130 836 median family income.
The median income of the middle class by by household size. The median income of the middle class as of 2016 was 78 442. In order to find out how much a middle class family is earning gobankingrates multiplied each median income by 0 67 for the lower endpoint and by 2 for the upper endpoint. Alaska household income range for middle class.
But of course the relative strength of your income depends largely on where you live. 89 847 7th highest middle class share of alaska income. Let s take it one step deeper and look at various household sizes. The threshold to be considered upper income is 118 080.
A person earning 83 510 in mississippi is considered upper income in the state. To determine the income it takes for a family to be considered middle class in every state 24 7 wall st. Middle class is defined here for the us as those adults with a net wealth of between us 50 000 and us 500 000 in mid 2015. The numbers below reflect the middle upper and lower share of all adults by country by net wealth not income.
Middle class shares by income and wealth. Household income quintiles from the u. In new england the census bureau says median income jumps to 70 077. 57 772 76 to 172 456 4 person family middle class income range.
That means an upper middle class salary in the tennessee might barely qualify for middle class in massachusetts. The think tank defines the middle class as households that are earning two thirds to double the national median.
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