Middle class
Middle-class shares by income and wealth
The numbers below reflect the middle, upper, and lower share of all adults by country by net wealth (not income). Middle class is defined here for the US as those adults with a net wealth of between US$50,000 and US$500,000 in mid 2015. Purchasing power parity is used to adjust these number for other countries. Unlike that of the upper class, wealth of the middle and lowest quintile consists substantially of non-financial assets, specifically home equity. Factors which explain differences in home equity include housing prices and home ownership rates. According to the OECD, the vast majority of financial assets in every country analysed is found in the top of the wealth distribution.
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