The states where middle-class income is growing most – and 2 where it’s shrinking
Summary
A study by Pew Research shows that in 2023, about 51% of Americans lived in middle-class households, which is lower than the 61% reported in 1971. However, some states have seen their middle-class incomes grow, while a few states have seen declines.Key Facts
- In 2023, 51% of Americans lived in middle-class households.
- This is a decrease from 61% in 1971.
- Some states have experienced growth in middle-class income.
- Two states have seen their middle-class incomes shrink.
- The study focuses on income trends within middle-class households.
- The changes show regional differences in economic conditions.
- The middle class is defined by a specific income range based on household earnings.
- The data helps understand economic shifts across the U.S. population.
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