> Pew Research Center defines middle-class or middle-income households as those with incomes that are two-thirds to double the 2016 U.S. median household income of $57,617. According to this formula, Pew determined that middle-class Americans have incomes ranging from approximately $45,200 to $135,600.
Call it whatever you want, but there's a huge difference between $135k/yr household income split among 3 kids in an expensive metro area where a house in the suburbs costs $600k+, and $300k/yr with 1 kid in a low cost of living area.
Call it whatever you want, but there's a huge difference between $135k/yr household income split among 3 kids in an expensive metro area where a house in the suburbs costs $600k+, and $300k/yr with 1 kid in a low cost of living area.