When asked how they identify their social class 54% of Americans said they belong to the middle class, according to one ...
“Middle class” is often used as a monolithic term. When politicians invoke it, they’re referring to anyone who isn’t wildly wealthy or who wouldn’t classify as financially disadvantaged. But there’s ...
You may be doing better than you think.
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 ...
Methodology: To generate the income tax for every state, GOBankingRates first found lower middle class median income based on 2023 American Community Survey median household figures. Income tax ...
Even households long considered financially secure are feeling the pressure.
Though terms like these can’t fully encapsulate people’s specific financial realities, they can be useful. The differences between how the lower middle class and upper middle class are living can ...
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