How dual incomes and the tech boom turned the upper middle class into America’s biggest income group

The ranks of Americans that can add guac to their burrito bowl guilt-free have swelled. The upper middle class has become the largest income group in the US, according to a recent analysis by the right-leaning American Enterprise Institute, highlighted by the Wall Street Journal.

The report contends that the lower rungs of the middle class shrank because more Americans got richer:

In 2024, 31% of American families were upper middle class, compared with........

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