No Result
View All Result
  • Login
Thursday, October 16, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Money

The Surprising American Middle Class – Use This Calculator To See Where You Stand

by FeeOnlyNews.com
3 months ago
in Money
Reading Time: 3 mins read
A A
0
The Surprising American Middle Class – Use This Calculator To See Where You Stand
Share on FacebookShare on TwitterShare on LInkedIn


We hear a lot of things about the middle class, but many of us still aren’t really sure what it is. Sometimes, jobs and salaries in the middle class income bracket are the best they’ve ever been, Yet at the same time, you’ll hear it’s completely on the verge of disappearing, lumping everyone either in poverty or super wealthy.

In fact, most of the time, “experts” aren’t even really sure what it is exactly, often relying on a broad definition such as, “the social group between the upper and working classes …”

Fortunately, if you’re looking for a clearer answer as to whether or not you are part of the middle-class demographic, Pew Research has recently shared a handy calculator that help.

About the Data in the Middle Class Calculator

According to the Pew Research Center, in 2022, more than half of all adults lived in middle-income households. This leaves 29 percent in lower-income households and 19 percent in the upper income level.

So if you guessed that logically, middle class is in the middle, you’d be correct. However, it gets a little more complicated.

The data also allows you to find out which group you are in and compare it to other people in your area as well as all American adults. This is based on your education, age, race or ethnicity, and marital status. Because of all of these other factors, you might be middle class, but yet not quite in the middle.

How to Use the Calculator

To find out where your household falls in your area, you just need to enter the state you live in, the nearest metropolitan area, household income before taxes, and the number of people in your household. The calculator will show you which tier you are in, based on the calculation and the percentage of people in your area who are also in the same tier.

Next, you can enter your education, age, race or ethnicity, and marital status, to find out the percentage of people in your area who share those characteristics and the percentages of each in the lower, middle, and upper income tiers.

Try out the middle class calculator here.

Current Middle Class Income Analysis

According to the new analysis, middle class varies quite a bit depending on the metropolitan area you live in. For example, it’s 42 percent in San Jose, California and 66 percent in Tacoma, Washington. In lower income homes, it ranges from 16 percent in Bismark, North Dakota to 46 percent in Laredo, Texas.

And, as you might have guessed, the largest share of people living in upper-income homes is the highest in places like Santa Clara, California. (The lowest number of high-income homes is in Muskegon-Norton, Michigan at 8 percent.)

According to the US Census Bureau, the U.S. median household income was $77,719 in 2023. Fully 60.6% percent of people were employed full time and just 29% had a Bachelors Degree or higher (U.S. Census Bureau).

If you’re curious, try out the calculator. Note that the Pew Research does not store or share any of the information you enter into the calculator.

Do the numbers surprise you? Let us know your thoughts in the comments below.

Photograph of Christina Majaski

Christina Majaski has more than a decade of media experience, including editing and writing for numerous online and print publications.  Her work has appeared in MSN, Investopedia, Forbes, and CBS.  In addition to being a recognized personal finance expert, Christina holds a degree from Rasmussen University and is based in central Minnesota, where she lives with her daughter, Chloe and her dog, Monty.



Source link

Tags: AmericanCalculatorClassMiddleStandSurprising
ShareTweetShare
Previous Post

8 Signs You’re Working for a Company That Will Never Let You Retire

Next Post

A Morgan Stanley derivatives exec on life at the desk

Related Posts

20 Major Cities With the Most Construction Jobs in America

20 Major Cities With the Most Construction Jobs in America

by FeeOnlyNews.com
October 16, 2025
0

yuttana Contributor Studio / Shutterstock.comThe U.S. construction industry faces a high degree of uncertainty. On one hand, demand for new...

How to read your investment statements 

How to read your investment statements 

by FeeOnlyNews.com
October 16, 2025
0

This guide breaks down exactly what to look for so you can quickly assess your investments and make informed decisions....

Amish Money: 10 Frugal Lessons from the Amish Community

Amish Money: 10 Frugal Lessons from the Amish Community

by FeeOnlyNews.com
October 15, 2025
0

Image Source: Shutterstock. Amish harvesting corn. Amish business are typically low debt and have good cash flow. Amish people and...

Parent to Child: How to Talk About Estate Planning Without the Drama

Parent to Child: How to Talk About Estate Planning Without the Drama

by FeeOnlyNews.com
October 15, 2025
0

Image Source: Shutterstock Few conversations feel more uncomfortable than discussing money, death, or inheritance—but avoiding the topic can leave families...

The Retirement Dating Curve: How Expectations Change After Loss

The Retirement Dating Curve: How Expectations Change After Loss

by FeeOnlyNews.com
October 15, 2025
0

Dating after loss looks different—especially in retirement. For many widowed or divorced seniors, reentering the world of companionship brings a...

Why Medicare Fraud Is Surging—and How to Protect Yourself

Why Medicare Fraud Is Surging—and How to Protect Yourself

by FeeOnlyNews.com
October 15, 2025
0

Image Source: Shutterstock Medicare fraud isn’t new, but it’s becoming more sophisticated—and more costly. Criminals are now using advanced technology,...

Next Post
A Morgan Stanley derivatives exec on life at the desk

A Morgan Stanley derivatives exec on life at the desk

Selling the Public Lands | Mises Institute

Selling the Public Lands | Mises Institute

  • Trending
  • Comments
  • Latest
Bitcoin: Breakout Above 7K Resistance Could Unlock Fresh Upside

Bitcoin: Breakout Above $117K Resistance Could Unlock Fresh Upside

September 19, 2025
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
The Nation’s Biggest Banks Are Saying the Economy Is Still Strong

The Nation’s Biggest Banks Are Saying the Economy Is Still Strong

0
The best high-interest savings accounts in Canada for 2025

The best high-interest savings accounts in Canada for 2025

0
From Sleeping in His Car to Making ,000/Month Cash Flow

From Sleeping in His Car to Making $4,000/Month Cash Flow

0
Let Them Eat Steak: Cutsinger’s Solution

Let Them Eat Steak: Cutsinger’s Solution

0
High Dividend 50: Oxford Square Capital Corp.

High Dividend 50: Oxford Square Capital Corp.

0
Gold vs Bitcoin – Schiff Says BTC Failed, CZ Responds

Gold vs Bitcoin – Schiff Says BTC Failed, CZ Responds

0
High Dividend 50: Oxford Square Capital Corp.

High Dividend 50: Oxford Square Capital Corp.

October 16, 2025
Gold vs Bitcoin – Schiff Says BTC Failed, CZ Responds

Gold vs Bitcoin – Schiff Says BTC Failed, CZ Responds

October 16, 2025
NCOA Research: Wealth has major influence on life expectancy

NCOA Research: Wealth has major influence on life expectancy

October 16, 2025
MH announces balance sheet optimization with 0M of debt reduction

MH announces balance sheet optimization with $150M of debt reduction

October 16, 2025
Three-Bean Chili and Cornbread ( Family Dinner Idea)

Three-Bean Chili and Cornbread ($10 Family Dinner Idea)

October 16, 2025
Ron Conway skewers Mark Benioff in board resignation after 25 years: ‘I now barely recognize the person I have so long admired’

Ron Conway skewers Mark Benioff in board resignation after 25 years: ‘I now barely recognize the person I have so long admired’

October 16, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • High Dividend 50: Oxford Square Capital Corp.
  • Gold vs Bitcoin – Schiff Says BTC Failed, CZ Responds
  • NCOA Research: Wealth has major influence on life expectancy
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.