The upper middle class is now the largest income group in the U.S., study finds

    https://www.cbsnews.com/news/upper-middle-class-income-us-what-it-takes/

    Posted by lurker_bee

    10 Comments

    1. So it is saying that I am in the upper middle class? Haha. I was much better off 5 years ago making less money. What a joke

    2. 31% of the population is now considered upper middle class.
      However, approximately 54.5% to 57.2% of U.S. households earned less than $94,000 per year based on data from 2024 and 2025.

    3. Did anyone actually read the [research](https://www.aei.org/research-products/report/the-middle-class-is-shrinking-because-of-a-booming-upper-middle-class/) that was linked in the CBS article?

      It was actually a really interesting report that used solid methodology. The definitions of what is considered upper vs lower middle income are arbitrary and can be debated, but the larger point being made, which the data supports, is that incomes adjusted for purchasing power are rising, and the share of the poorest Americans is falling steadily.

      About 54% of American families lived on less than 150% of the federal poverty level back in 1979. Today, only about 36% of families are in this range. THAT IS A GOOD THING!

      Instead of calling research bullshit without reading it, we should analyze and discuss it. This research looks solid, and it is worth us figuring out *why*, if incomes are rising, and the share of Americans with larger purchasing power is growing, do we as a society feel so pinched?

      Instead of shaking our fists at the sky and insisting everyone is getting poorer, which the data does not support, why don’t we try to figure out what the problem actually is?

    4. Upper middle class starts at 75k (individual) or 110k (household).

      I’m sorry in what world is that upper middle class?

    5. LegoRedBrick on

      Would you rather live in an economy where you make less but everything is cheaper and affordable. Or would rather live in an economy where you make more but everything is expensive so you feel broke each month?

    6. thinkB4WeSpeak on

      The oligarchs are going to come for the middle class next, like they’re already doing. Raising prices, insurance rates, cutting tech and white collar jobs. Etc etc.

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