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American middle class - Wikipedia, the free encyclopedia
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Household income in the United States - Wikipedia, the free encyclopedia
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In 1994, the median income in the United States was $32,264, therefore the "middle class" range would be from $24,198 to $40,330. Using the 75/125 method means almost 25 percent of the U.S. population is middle class.
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Al Gore and George W. Bush are each promising to make life much, much better for the middle class. What is the middle class? ... One formula is to find a range between about the 30th percentile of income and the 80th--which would make those households earning between about $30,000 and $75,000 a year middle-class.
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If you ask the average American to classify him or herself, they're most likely to say that they're "middle class." The vast majority of Americans will willingly accept that title, but obviously, mathematically, only about 20% of us can be middle class if you divide things up in the range of poor or near poor,
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I agree with Ariesathena and Aparent4 - you are still upper middle class if your income is primarily earned. Working hard for $400,000 is a lot different than living off investments that give you a ... There is your middle class. My H was considering a move to Minn and we were shocked to find houses also in the 500K range.
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Hillary and Obma's range is lower than 150-100K per year for married couples. ... For politicians the middle class is best defined in amorphous terms, that way the listener can decide whether or not to include themselves. For economists, the middle class is identifiable by income derivations, and different economic models...
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At the same time, households with less than $25,000 in income have grown by 1.5 percentage points, and now make up 29% of all households. So a large number of households have slipped out of the middle group and into the lower-income range over the past three years.
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