What Is The Income Of Middle Class In California
The san francisco oakland hayward metropolitan area in california is one of the most expensive areas with a price level that was 31 6 higher than the national average.
What is the income of middle class in california. For over six years california has had a top marginal income tax rate of 13 3 the highest in the nation. Generally states where the middle class by this definition has a lower income range have lower incomes across the board and higher poverty rates. 4 person family middle class income range. About 150 000 households in a state of 40 million people now pay nearly half of the total.
Pew research center defines middle class or middle income households as those with incomes that are two thirds to double the 2016 u s. 3 person family middle class income range. 14 8 more expensive than than u s. The median income of the middle class by by household size.
Middle class share of california income. 44 8 4th smallest richest 20 share of california income. Adjusting for the cost of living the bottom threshold of the middle class in one state is as low as 21 797 and as high as 148 507 in another. California household income range for middle class.
The median income of the middle class as of 2016 was 78 442. Let s take it one step deeper and look at various household sizes. Median household income of 57 617. Therefore she estimates a middle class income in los angeles county for a.
In many of these states income distribution. An annual income of between two and seven times the california poverty measure is considered middle class ms. 29 198 143 870 median family income. 309 people used view all course.
52 3 4th largest cost of living in california. Thus to step over the national middle class threshold of 48 500 a household in jackson needs an income of only about 39 300 or 19 0 less than the national standard.