Over the past five decades, the U.S. middle class has steadily shrunk. According to Pew Research, the proportion of adults living in middle-class homes decreased from 61% in 1971 to 50% in 2021.
According to this formula, if you earn less than $41,664, you’re considered lower-income. And if you earn more than $126,256, ...
Does your annual salary place you among the lower-middle class? It depends on the state you live in, according to GOBankingRates data. The minimum income threshold for the lower-middle class in states ...
The share of middle-class households in the U.S. has been dropping since 1970. The share of upper-middle-class households has been increasing, but so too has the share of the lower- and ...
A “middle-class lifestyle” is out of reach for many Americans, as many middle-income households live paycheck to paycheck and can’t afford a house or a summer vacation. Many factors — such as low ...