Our latest analysis shows that the share of adults who live in middle-income households varies widely across the 260 metropolitan areas examined, from 39% in Las Cruces, New Mexico, to 67% in Ogden-Clearfield, Utah. The share of adults who live in lower-income households ranges from 16% in Ogden-Clearfield to 49% in Las Cruces. The estimated share living in upper-income households is greatest in San Jose-Sunnyvale-Santa Clara, California (34%) and the smallest in El Centro, California (7%).
Lower-income adults, already under significant financial pressure, have been especially vulnerable to the economic fallout from the COVID-19 outbreak in 2020, according to a Pew Research Center survey conducted April 29-May 5, 2020. The survey found that 36% of lower-income adults and 28% of middle-income adults said they had lost a job or taken a pay cut due to the coronavirus outbreak, compared with 22% of upper-income adults. In a Center survey conducted in April 2020, only 23% of lower-income adults said they had rainy day funds that could last three months, compared with 48% of middle-income adults and 75% of upper-income adults.How we did this
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I never made it up into the middle class, as much as I have tried; working two jobs a day in many years which made no difference. I am now Permanently Disabled, and the Social Security Department is my only income and my only true friend in the government. I feel the Billionaires should be taxed to help all the poor people in the country and the world. It would take me 4,000 LIFETIMES to make just 1 Billion dollars.
I am always amazed at the torturous logic used to describe the existence of the US middle class. Here they look at a median income amount, then arbitrarily define the middle class as being a range of one-third less to two times more than that income.
The result is to define incomes that range from 35%-95% of the distribution as middle class…a clear distortion of political reality and disempowering to many.