Here's how much money it takes to be considered middle class in major U.S. cities. (via CNBCMakeIt)
The middle class has been shrinking throughout the last five decades as more Americans have entered either the upper or lower income brackets,The latest data from 2021 shows the share of the population in the middle class continues to hover around 50%, around where it has been since 2011. Prior to that year, the share of middle class Americans had been consistently shrinking since a peak of 61% in 1971.
But other factors like family size and location can change what middle class looks like for you. Here are the income thresholds for the middle class in the 20 most populous U.S. metros:definitions of middle classGenerally speaking, anyone who isn't living "paycheck-to-paycheck" but couldn't necessarily stop working tomorrow and be financially secure for the long-term might consider themselves middle class.
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