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How much you have to earn to be considered middle class in every US state
Business Insider ^
| April 2, 2015
| Libby Kane
Posted on 04/02/2015 2:21:51 PM PDT by bgill
A recent analysis from Pew Charitable Trusts' Stateline blog found that the middle class shrunk in every state in the US between the years of 2000 and 2013 (the most recent data available).
"Middle class" is a tricky concept. Depending on where you live, you can feel middle class earning as much as $250,000 a year — about five times the US median income of $52,250 from the same time period.
(Excerpt) Read more at businessinsider.com ...
TOPICS: Business/Economy
KEYWORDS: middleclassincome
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See chart.
1
posted on
04/02/2015 2:21:51 PM PDT
by
bgill
To: bgill
2
posted on
04/02/2015 2:27:14 PM PDT
by
hosepipe
(This propaganda has been edited to include some fully orbed hyperbole..)
To: bgill
More nonsense from the country that produces only nonsense. The former mega power leader that in a short half decade is reduced to damn near rubble.
3
posted on
04/02/2015 2:32:48 PM PDT
by
Jim from C-Town
(The government is rarely benevolent, often malevolent and never benign!)
To: hosepipe
I am moving to MS......hahaha
4
posted on
04/02/2015 2:34:47 PM PDT
by
entropy12
(Real function of economists is to make astrologers look respectable.)
To: hosepipe
In order for these numbers to make any sense they should be broken down by region, not state.
For example 120k/year in the SF bay area is definitely no better than middle class.
5
posted on
04/02/2015 2:34:58 PM PDT
by
skeeter
To: skeeter; martin_fierro
For example 120k/year in the SF bay area is definitely no better than middle class. That's starvation where my parents live (hint: all the real estate listings in their neighborhood feature the letter "M"). 250-300k per year is about middle class in the South Bay.
To: All
7
posted on
04/02/2015 2:39:32 PM PDT
by
musicman
(Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
To: hosepipe
Wow, I’m upper middle class. Guess I actually am the most evil thing in America today.
8
posted on
04/02/2015 2:42:11 PM PDT
by
jughandle
(Big words anger me, keep talking.)
To: bgill
Before or after taxes?..............
9
posted on
04/02/2015 2:44:06 PM PDT
by
Red Badger
(Man builds a ship in a bottle. God builds a universe in the palm of His hand.............)
To: bgill
My first thought upon seeing the list is that this proves that liberals are elitists who enjoy being above a permanent underclass.
It’s really true. The liberals who do all the organizing and talking are always in upper segments of society, and they sure don’t share the wealth no matter what they say, in their states.
10
posted on
04/02/2015 2:46:52 PM PDT
by
Yaelle
To: hosepipe
11
posted on
04/02/2015 2:47:57 PM PDT
by
BunnySlippers
(I Love Bull Markets!!!)
To: jughandle
Well, I’m middle class in every state............whoopee!..........
12
posted on
04/02/2015 2:52:42 PM PDT
by
Red Badger
(Man builds a ship in a bottle. God builds a universe in the palm of His hand.............)
To: Red Badger
Throw in all the endless punitive taxes and middle America has been economically gang banged.
13
posted on
04/02/2015 3:15:13 PM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: Yaelle
A better measurement would be After Taxes (to measure the impact of state and local income taxes) and also average housing costs..which vary wildly, and in some states can consume as much as 50% of income..
14
posted on
04/02/2015 3:18:49 PM PDT
by
ken5050
(If Hillary is elected president, what role will Huma Abedin have in the White House? Scary, eh?)
To: bgill
15
posted on
04/02/2015 3:22:24 PM PDT
by
GOPJ
(Winning is passing on YOUR values despite the growing totalitarian state...Greenfield)
To: ken5050
>> A better measurement would be After Taxes (to measure the impact of state and local income taxes) and also average housing costs <<
Agreed, but it would be even better to adjust the numbers by the TOTAL cost of living, not just housing costs. It’s my understanding that when this adjustment is made, California has the lowest average (or median?) percapita income.
16
posted on
04/02/2015 3:39:51 PM PDT
by
Hawthorn
To: bgill
I can categorically say that class has little to do with income!
17
posted on
04/02/2015 3:43:47 PM PDT
by
outofsalt
( If history teaches us anything it's that history rarely teaches us anything.)
To: bgill
Well, I’m closer to the lower end than the top end, but close to the middle. I don’t feel too bad, I guess.
18
posted on
04/02/2015 3:48:57 PM PDT
by
vpintheak
(Call the left what they are - regressive control-freaks)
To: hosepipe
Really depends on area within many states and family size.
No individual is middle class in NYC at $38K, let alone a family.
To: hosepipe
"Middle class" is a tricky concept. Depending on where you live, you can feel middle class earning as much as $250,000 a year ***************************
Did I miss something on the chart?
20
posted on
04/02/2015 3:52:47 PM PDT
by
trisham
(Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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