The American middle class has been shrinking over the past few decades, with just over half of U.S. adults considered middle class by the Pew Research Center in 2020, compared to 61% in 1971. A family with an annual income of between $32,048 and $53,413 was considered to be lower-middle class. Is it good for your credit score to pay early? And it just keeps getting better. Because after all, its all about you. Ultimately, it is relative to ones location and the general median household income in that area. They are rich if they earn more than $373,000. Nobody in America would ever publicly say they are upper class unless they want to get beat over the head. But of course the relative strength of your income depends largely on where you live. In San Francisco, earning up to $115,000 for a family of four qualifies you for subsidized housing! To be considered an upper-middle class family, a three person family had to have an income between $106,827 and $373,894. This means that, on average, a single person living alone needs to make just $78,281 to be considered upper class. ", I_Seen_Things's comment from discussion "What screams Upper Middle Class? 2) If you have debt and/or children, life insurance is a must. It's hidden by a A household of two would have to earn around. The best class is the middle class because you can blend in. Wise words! You generally also get more government support. Of course not, because society has changed and deemed those terms not acceptable. $130,000 is a good household income amount. She is based in Los Angeles. Using Pew's yardstick, middle income is made up of people who make between $43,350 and $130,000. Many Americans recognize a simple three-tier model that includes the upper class, the middle class, and the lower or working class. The amount jumps another $21,000 to $152,092 for households of 3, and an eye-popping $181,496 for a family of 4. e=2;e