Defining middle class in today’s economy can be challenging, especially with the rising cost of living. A recent report by SmartAsset sheds light on the income thresholds that determine middle class status in various locations across the United States.
According to the report, the national range for middle class income, based on the Pew Research definition, is $49,271 to $147,828. However, this range varies significantly depending on where you live. In New Jersey, the difference between lower class and upper class income is a staggering $128,468, while in Mississippi, the middle class range is a more modest $35,142 to $105,438.
California cities dominate the upper end of the list, with Sunnyvale requiring a household salary of at least $113,176 to be considered middle income. In contrast, Detroit and Cleveland have the most affordable middle class ranges, with annual salaries as low as $24,300 and $24,898, respectively, qualifying as middle income.
The report highlights the economic disparities across the country and emphasizes that the perception of middle class can vary greatly depending on your location and the cost of living in your area.