How much you have to earn to be considered middle class in every US state
A recent analysis from Pew Charitable Trusts' Stateline blog found that the middle class shrunk in every state in the US between the years of 2000 and 2013 (the most recent data available).
"Middle class" is a tricky concept. Depending on where you live, you can feel middle class earning as much as $250,000 a year - about five times the US median income of $52,250 from the same time period.
In this analysis, Pew defined middle class households as those earning 67%-200% of a state's median income. So ... how much is that?
Below, we took the median income numbers from the US Census Bureau's 2013 American Community Survey that Pew used in their analysis, listed in the leftmost column. Then, we did the math to figure out how much middle-class earners make in each state, based on Pew's definition above. The states are listed in descending order based on median income.
Andy Kiersz / Business Insider
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status
- Internet of Things (IoT) Applications
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market