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.
Here's how much you have to earn to be considered middle class. The American middle class keeps shrinking. The share of American adults in middle-income households also decreased, from 55% in 2000 to 51% in 2014, Pew Research Center reports. At the same time, the share of adults in the upper-income tier increased from 17% to 20%. Although income is just one part of class, it's a crucial element and the one that's easy to measure and track. So just how much do you need to make to qualify as middle class these days? Pew, which defines middle class as adults whose annual household income is two-thirds to double the national median ($55,775 as of 2016), details the national middle-income range for various household sizes.