8 Surprising Facts About Middle-Class Income in America

RADICALFIRE.COM

Did you know that the middle class makes up the majority of America's population?

What Is the Middle Class? The term "middle class" often refers to a socio-economic group that falls between the upper and lower classes.

The income class is generally defined as individuals or families with a moderate income, education, and wealth.

What Is Considered Middle-Class Income?

There is an average income approach, where the middle class is defined as households earning between 75% and 125% of the median household income in a particular area.

Another approach is the percentage approach, where a specific percentage range of the population defines the middle class.

According to the US Census Bureau, the median income in 2021 (most recent data) is $70,784, with a range of $47,000 to $141,000 being considered middle class.

Tilted Brush Stroke

FOR MORE ABOUT THIS POST, VISIT RADICAL FIRE