About half of U.S. adults (52%) lived in middle-income households in 2022, according to a Pew Research Center analysis of the most recent available government data. Roughly three-in-ten (28%) were in ...
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The split between the two measures was primarily driven by the differences in the way the Census Bureau annually updates the poverty thresholds, or the definition of basic needs, for each measure.
The latest data came Tuesday in an annual report from the Census Bureau, which said the median household income, adjusted for inflation, rose 4% to $80,610 in 2023. People gather near an ...
The definition is not precise but generally middle-class people in the U.S. are viewed as having sufficient means to live a comfortable lifestyle: In the U.S., people and households are often ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Roger Wohlner is an experienced financial writer, ghostwriter, and advisor with 20 years ...