What Is Upper Middle Class Income California

What Is Upper Middle Class Income California 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

However to define the upper class income threshold we need to look at the higher percentiles For instance households in the top 10 in California had an income of around 195 000 or more This means that to be considered part of the upper class in California a household would need to earn at least this amount 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

What Is Upper Middle Class Income California

What Is Upper Middle Class Income California
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Upper Middle Class Income
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Middle income households those with an income that is two thirds to double the U S median household income had incomes ranging from about 56 600 to 169 800 in 2022 Lower income households had incomes less than 56 600 and upper income households had incomes greater than 169 800 More Americans have entered either the upper or lower income brackets since its peak when it reached 61 in 1971 the Pew Research Center reports The middle class has been shrinking since then

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 By Pew s standard a California household has to earn between 61 270 and 183 810 to join the state s middle class Those earning 61 269 or less are lower middle class and 183 811 or more

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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 Middle class is defined by the PRC as those earning between two thirds and twice the median American household income which in 2021 was 70 784 according to the United States Census Bureau

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