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.
According to these class models the lower middle class is located roughly between the 52nd and 84th percentile of society. In terms of personal income distribution in 2005, that would mean gross annual personal incomes from about $32,500 to $60,000.