Iona – stock.adobe.com In New York, the annual middle-class income ranged from $56,385 to $168,156, meaning $131,566 was the minimum needed to be considered upper-middle class.

There’s a distinction between the lower, middle and upper classes, but did you know there’s also a category between them called the upper-middle class? Learn More: Suze Orman Says If You’re Doing ...

Read Next: 6 Subtly Genius Moves All Wealthy People Make With Their Money GOBankingRates looked at the 50 biggest (in terms of total households) where you can still be considered middle class ...

Middle-class prosperity is a fundamental component of development success. The developed countries do not implement policies that lead to the impoverishment of this class or to its shrinking ...

In 1971, 61% of Americans were “middle income.” By 2023, that share had dropped to 51%. The upper class grew by a larger amount, from 11% to 19%, than the lower class, which went from 27% to 30%.

Middle-class households earn between two-thirds and twice the local median income, according to Pew Research Center's definition. Nationally, the middle class spans incomes from $51,813 to $155,438.

Highest end of middle class income: $184,940 Discover More: Net Worth for Baby Boomers — How To Tell Whether You’re Poor, Middle Class, Upper Middle Class or Rich ...

Maryland ranks first for the highest income required to be lower-middle class. The Free State outranked competing high cost-of-living of states like California, Hawaii and New York with its ...

National middle-class range falls between $47,090 and $149,568, but individual state requirements vary dramatically according to new analysis.

That said, the biggest issue in the middle class involves changes to consumption, not earnings. In 1950, $6 of every $10 in family spending went to manufactured goods.