What does it take to be middle class in 2025? New study explains
(NEXSTAR) — With costs rising these days, it can be hard to tell whether you still rank in the middle class. Depending on where you live, what it takes to be a middle-earner can vary — greatly.
A new analysis by personal finance site SmartAsset may, however, help shed some light on where you rank.
To be considered middle class, SmartAsset used Pew Research’s definition: You have to earn two-thirds to double the median household income within a certain area.
Based on this definition, and using the latest data from the U.S. Census Bureau, SmartAsset was able to calculate the middle class income ranges for the nation, all 50 states and the 100 largest cities.
The US could ditch the penny: What happened when Canada did it?With a median income of $74,225, it takes between roughly $49,500 and $148,500 to be middle class nationally, SmartAsset found. That’s up from $49,271 to $147,828 © The Hill
