Middle class income in America is an annual household income that is two-thirds to double the national median income, after incomes have been adjusted for household size, or about $52,000.00 to $156,000.00 annually in 2020 dollars for a household of three.
The middle class refers to a class of people in the middle of a social hierarchy, often defined by occupation, income, education or social status.
The term has historically been associated with modernity, capitalism and political debate.
The Pew Research Center has put a financial definition to the term "middle income."
To be considered part of that group in 2021—which is synonymous with middle-class, according to Pew—a single American must have earned $30,003.00 to $90,010.00, according to a new set of reports released Wednesday.
There is no official financial standard for what constitutes middle class.
For most it's more about a standard of living—including owning a home, being able to afford to pay for a college education for your kids, and having enough disposable income to take a family vacation.
Middle class people tend to operate with a scarcity mindset:
They believe there will never be enough of something.
As a result, they're extremely conservative with their finances; they fear that if they lose money, they won't be able to make it back.
The Jobs that are in the middle income class include.
Massage therapist. National average salary: $44,268 per year.
Interpreter. National average salary: $47,825 per year.
Office manager. National average salary: $51,358 per year.
Electrician.
Police officer.
Social media specialist.
Truck driver.
Professor.