What Is Considered Upper Middle Class In California 2024

What Is Considered Upper Middle Class In California 2024 In several states a six figure income qualifies as middle class per GoBankingRate s analysis Here are the middle class income ranges for every state

Maryland beat out high cost of living states like Hawaii and California as the state where you d need the most income to be upper middle class The lowest end starts at 158 126 in Maryland The With a median income income hovering around 75 000 in the United States some of the shrinking middle class is moving to the upper class The share of income held by the middle class fell from 61

What Is Considered Upper Middle Class In California 2024

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What Is Considered Upper Middle Class In California 2024
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The upper middle class is often defined as the top 15 to 20 of earners According to the Social Security Administration s 2022 wage data the average upper middle class income was roughly Upper bounds on middle class income range 274 670 Los Angeles ranked 160 152 270 At the state level New Jersey ranked first in the U S with the highest middle class threshold 189 982

Different states can have significantly different income distributions that affect how the upper middle class is defined For example in Mississippi the median household income for being considered upper middle class is 91 841 In California that number rises to 159 302 For 2024 the upper middle class in the U S generally includes households with incomes ranging from 150 000 to 250 000 However this range can vary based on location family size and economic

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What s Considered Upper Middle Class for Households Based on the Pew Research Center s definition middle class household income ranges from approximately 49 715 to 149 160 In California the middle class household income ranges between 61 270 to 183 810 a nearly 50 increase from where it stood in 2012 when it was 40 933 to 122 800

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What Is Considered Upper Middle Class In California 2024 - Different states can have significantly different income distributions that affect how the upper middle class is defined For example in Mississippi the median household income for being considered upper middle class is 91 841 In California that number rises to 159 302