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The think tank defines the middle class as households that are earning two thirds to double the national median.
Upper middle class income europe. Saw its median annual income fall. Countries are ranked by the absolute magnitude in percentage points of the decline of the middle class size from 2008 to 2013. Upper middle income from the world bank. The median income of the middle class by by household size.
Using a poverty line of 21 70 per day in purchasing power parity term which has been suggested for high income countries the income threshold above which one belongs to the middle class. Let s take it one step deeper and look at various household sizes. While the middle class incomes of canada and most western european countries continued to rise even during the deep global recession that began in 2009 the u s. In other words what would the middle class share in western european countries be if the middle class were defined as adults living in households with the same incomes as middle class households in the u s.
In 2010 middle class households in the u s. The median income of the middle class as of 2016 was 78 442. One group is comprised of spain italy the uk and ireland. In france the yearly median income is 21 415.
Had incomes ranging from 35 294 to 105 881 that is two thirds to double the overall median income of 52 941. The national median disposable income in these four countries ranged from 30 000 to 39 000 in 2010 and the middle class shares ranged from 64 to 69 the lowest incomes and the smallest middle classes among the western european countries examined. A french middle class that is still large oecd economists estimate that the middle class earns between 75 and 200 of the median income.
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