In other words, the top 1% is not the only income ... In 2001, 54% lived in middle-income households, down from 59% in 1981, which was a drop from 61% in 1971. And the share of the income pie ...

Does your annual salary place you among the lower-middle class? It depends on the state you live in, according to ...

Being middle-income, in other words, no longer affords a middle-class quality of life in many parts of the U.S. "Typically, the term 'middle class' conveys some sense of financial security.

This recent trend — and the growing number of Americans at the extreme ends of the income spectrum — is closely connected to the long-term hollowing out of the middle class. A 2022 study from ...

Rising delinquencies, low savings and weak hiring could spell trouble for middle-income Americans in the new year Middle-income Americans, many of whom continue to struggle with elevated prices ...

The middle class is a socioeconomic group that falls between the working class and the upper class. They are likely to have enough disposable income to afford eating out and vacationing ...

The city's median household income was $91,501, according to 2023 U.S. Census data used in the report. That's a steady increase from last year's middle class household income in Austin (using ...

In other words, she said, homes won’t have a healthy ... “help with the cost of housing projects.” Proponents of middle-income programs say they can fund new construction with lower ...

These words by Indermit Gill, the World Bank’s chief economist, appear in the World Development Report 2024, entitled “The Middle-Income Trap”, which is the idea that economies tend to get ...

Over the same period, the share of Americans considered upper-income expanded from 11% to 19%. Among the many implications of this growing bifurcation is the erosion of the American middle class.