The typical middle class American earns between $30,000 and $90,000
A single American who earns $30,000 to about $90,000 each year is of median income, according to Pew. A family of two would have to earn about $42,000 to $127,000 to qualify.
Just over half of Americans surveyed by Mutual Northwest in 2018 he said the range for being in the middle class was assets between $50,000 and $99,999.
“The average middle-class household has about $70,000 in income after taxes and transfers,” a Brookings essay. wrote. “To be middle class, a household of three would have an income of between $40,000 and $154,000.”
A median-income household of three earns about $52,000 to $156,000 each year based on Pew’s definition.
A household of four would need to earn between $60,000 and $180,000. Five-member households earning approximately $67,000 to $201,000 are also considered part of the middle class.
Middle-class household income has been on the rise for the past decade, though the pandemic still set it back. As seen in the chart above, the median household income for a middle-class household of three in 2020 dollars was $79,838 in 2010, according to Pew analysis. By 2019, it had risen to $92,042 and then dropped to $90,131 in 2020.