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re: Salary you need to be considered middle class in every U.S. state
Posted on 5/16/24 at 2:58 pm to boogiewoogie1978
Posted on 5/16/24 at 2:58 pm to boogiewoogie1978
quote:
Arkansas
Middle-class income range: $37,557 to $112,670
That's a hell of a spectrum. I can guarantee $37,557 is nowhere close to middle class. That is barely getting by.
Classes are typically divided into quintiles:
Bottom 20% - Lower
21-40% - lower middle
41-60% - middle
61-80% - upper middle
81-100 - upper
If they're using "middle" literally, it'd be anyone falling between the 21st and 80th percentiles, which would account for this huge range.
ETA: Why the hell was this moved to the Political Board?
This post was edited on 5/16/24 at 3:06 pm
0
Posted on 5/16/24 at 3:04 pm to BCreed1
Guess I'm not in the middle class.
Posted on 5/16/24 at 3:07 pm to Tantal
I am catching back up to my Pre-Covid. Top 3% but want to get in the top 1%.
Posted on 5/16/24 at 3:14 pm to ABearsFanNMS
quote:
I am catching back up to my Pre-Covid. Top 3% but want to get in the top 1%.
85th percentile as a single guy.
94th percentile as a household.
Apparently, I'm weighing Mrs. Tantal down.
Posted on 5/16/24 at 3:24 pm to BCreed1
Say you won't raise taxes on middle class and then redefine middle class.
The definition provided in the OP means the middle class can't afford to achieve the American dream.
The definition provided in the OP means the middle class can't afford to achieve the American dream.
Posted on 5/16/24 at 3:49 pm to BCreed1
quote:
LA $38,568
LOL...right
My wife and I make about 150K-175K a year, and live in a low cost area of Louisiana....It is comfortable but certainly not well off. $38K is low for a single person, for a family, it is poverty.
Posted on 5/16/24 at 3:50 pm to dualed
quote:
38K. It's just like politicians these days. They just blatantly lie to your face about everything and try and gaslight people.
I'm reading that as you find their numbers hard to believe.....Me too.
Posted on 5/16/24 at 3:54 pm to BCreed1
Posted on 5/16/24 at 3:58 pm to dat yat
quote:
No way a person could live a middle class lifestyle on $38K in LA,
It's even worse. This is household income.
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