Table of Contents
What percent of the US is middle class?
Bookending the income levels of the middle class at 75 percent and 200 percent of the median income (see Table 1), approximately 51 percent of the United States falls in the middle class—strikingly close to the adjusted 2012 Pew survey.
Does the middle class exist?
Their $160,000 combined family salary places them firmly in the American middle class, the boundaries of which are considered to be two-thirds of the US median household income on the lowest end and double that same median on the highest, and adjusted for location.
What percentage of the US population is middle class?
Depending on the class model used, the middle class constitutes anywhere from 25\% to 66\% of households. One of the first major studies of the middle class in America was White Collar: The American Middle Classes, published in 1951 by sociologist C. Wright Mills.
What is the professional middle class called?
Professional/managerial middle class. The “professional class”, also called the “upper middle class,” consists mostly of highly educated white collar salaried professionals, whose work is largely self-directed. In 2005, these household incomes commonly exceed $100,000 per year.
What are the characteristics of lower middle class?
Constituting roughly one third of households is the lower middle class consisting mostly of semi-professionals, skilled craftsmen and lower-level management. Middle-class persons commonly have a comfortable standard of living, significant economic security, considerable work autonomy and rely on their expertise to sustain themselves.
What was the first study of the middle class?
One of the first major studies of the middle class in America was White Collar: The American Middle Classes, published in 1951 by sociologist C. Wright Mills. Later sociologists such as Dennis Gilbert of Hamilton College commonly divide the middle class into two sub-groups.