REVEALED: The enormous amount of money you now have to earn to be considered middle class
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REVEALED: The enormous amount of money you now have to earn to be considered middle class
The American middle class is dwindling, as residents must earn more than ever to be considered part of the population long associated with stability and comfort, a new analysis reveals. Financial technology company SmartAsset used 2023 US Census data to calculate how much money families must make each year to fall into the middle-income category, defined as earning two-thirds to double the national median income. Nationally, middle-class households must bring in roughly between $49,500 and $148,500 each year.
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