How much do you need to make to be considered middle-class in Florida?
The middle class in the U.S. has shrunk significantly in 50 years, the Pew Research Center reports. The middle class in the U.S. has significantly decreased in 50 years, according to the Pew Research Center. In Florida, the minimum annual income required for a family of four to be considered middle-class is $67,835. A study by Smart Asset ranked Tampa 54th in middle-classes earnings among 100 of the largest U.K. cities. However, the country's middle class has also shrunk significantly in recent years, with the share of middle class adults dropping from 61% to 50%.
Yayınlanan : bir ay önce ile Dazion Prosser içinde Finance
The middle class in the U.S. has shrunk significantly in 50 years, the Pew Research Center reports.
ST. PETERSBURG, Fla. — Memories of higher inflation and the economic effects of the pandemic are still fresh in the minds of many, leaving some to wonder where their economic situation currently falls compared to the rest of Americans.
In Florida, the minimum annual income required in 2023 for a family of four to be middle-class was $67,835, according to ConsumerAffairs.
Compared to other places, one study by SmartAsset ranked Tampa 54th in middle-class earnings among 100 of the largest U.S. cities.
According to the rankings, the middle-income floor was almost $42,500, while the median household income was $64,141 and the middle-income ceiling was $128,282.
It is important to note, however, that the country’s middle class has also shrunk significantly in recent years.
The Pew Research Center said in 2022 there were many more middle-class households in 1971 than in 2021. In those 50 years, the share of middle-class adults fell from 61% to 50%.
If you were more curious, here are the most notable findings compiled from various sources about the power of the middle class in America:
Konular: Economy