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 Urban Institute defined the middle class as adults with size-adjusted household incomes of between $30,000 and $100,000 for families of three. The Pew Research Center defines the middle-income category as including adults with family-of-three equivalent incomes between two-thirds and double the national median. This brings the range from $37,666 to $113,000 according to current levels.