Decoding the Middle Class: Income Ranges and Traps to Avoid
TL;DR Summary
The definition of "middle class" varies depending on location and household size. According to Pew Research Center, nationwide, middle income ranges from $52,000 to $156,000 for a family of three. In Oklahoma City, a household would be considered middle class if it earns between $39,984 and $119,358. For an individual in the Oklahoma City metro, making between $25,500 and $76,000 would be considered middle class. However, inflation has increased the cost of living, so these numbers may not go as far as they used to.
Topics:business#cost-of-living#economy#household-income#middle-class#pew-research-center#us-census-bureau
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