Tuesday, June 6, 2023

Being the middle class in the United States, these numbers have to be negotiated

For decades, the middle class has been considered by economists as the backbone of the economy in the United States, but in recent years, statistics have alarmed concern about the decline of people in this social stratum.

The middle class in North America is defined as the group that is between the working class and the upper class on the socioeconomic spectrum. In general, MIDDLE families typically have some disposable income for certain indulgences, such as vacations and eating out, and are able to save money for retirement.

“Middle class” numbers are to be considered.

According to the Pew Research Center, the median household income is between two-thirds and twice the median household income, which in 2021 was $70,784 per year, as reported by the Census Bureau. Depending on the state, the lower limit of what is considered middle class or median income is between $48,000 and $61,000 per year, while the upper limit is between $76,000 and $97,500.

These are the income thresholds of the middle class in the most popular cities in the United States of America, according to the Census Bureau’s American Community Survey:

· New York, Newark and Jersey City: $56,000 to $169,000.

· Los Angeles, Long Beach and Anaheim: $55,000 to $155,000.

· Chicago, Naperville and Elgin: $52,000 to $56,000.

· Dallas, Fort Worth and Arlington: $51,000 to $152,000.

· Philadelphia, Camden and Wilmington: $53,000 to $160,000.

· Miami, Fort Lauderdale, West Palm Beach: from 43,000 to 128,000 dollars.

· Atlanta, Sandra Springs and Alpharetta: $52,000 to $155,000.

· Boston, Cambridge and Newton: from 67,000 to 202,000 dollars.

· Phoenix, Mesa and Chandler: $50,000 to $151,000.

· San Francisco, Oakland and Berkeley: $77,000 to $232,000.

· River, San Bernardino and Ontario: $51,000 to $154,000.

· Detroit, Warren and Dearborn: $45,000 to $134,000.

· Seattle, Tacoma and Bellevue: $68,000 to $203,000.

· Consectetur, St. Paul and Bloomington: $58,000 to $175,000.

· San Diego, Chula Vista and Carlsbad: $61,000 to $182,000.

· Tampa, Petersburg, Clearwater: $42,000 to $126,000.

· Denver, Aurora and Lakewood: $60,000 to $181,000.

· Baltimore, Columbia and Towson: $58,000 to $173,000.

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com/
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news


Please enter your comment!
Please enter your name here