What Is Middle-Class Income?
https://www.thebalance.com/definition-of-middle-class-income-4126870
This chart shows the breakdown of 2020 income levels using Census data:7
Household Income Range | Number of Households (Millions) | % of Total | Notes | |
Less than $20,000 | 17.9 | 14% | Below or near poverty level | |
$20,000 to $44,999 | 26.5 | 20% | Low income | |
$45,000 to $139,999 | 59 | 45% | Middle class | |
$140,000 to $149,999 | 2.9 | 2% | Upper middle class | |
$150,000 to $199,999 | 10.4 | 8% | High income | |
$200,000+ | 13.3 | 10% | Highest tax brackets | |
Total | 130 |
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