I was drawn to the phrase, âon a tear,â which I heard in audio in this weekâs Barronâs magazine (June 6), reporting the good sales and profit performance of U.S. sneaker chain, Foot Locker: It says: Foot Locker is proving that expansion isnât everything.
Middle Class Average Income Range: $36,000 â $57,657. On a narrow view, a middle class family is said to have a mean average household income of $46,829 on a yearly basis. The numbers reflected on the 2010 Census showed that middle class average yearly income range from $36,000 â $57,657. Such figures fall on the third quintile.
The lower middle class consists of mostly blue-collar workers who make just enough to distinguish themselves from the poor or lower class. The average income for lower middle-class households is $29,204 as of September 2012, compared with the lower-class average of $23,550 for a family of four.