Decoding the Middle Class: Florida, Oklahoma City, and Beyond
The percentage of adults in middle-class households in the US has dropped from 61% in 1971 to 50% in 2021, according to Pew Research Center. In Florida, the minimum annual income necessary for a family of four to be considered middle class in 2023 is $67,835. However, different cities in Florida have different income thresholds for middle-class status, ranging from $39,276 to $117,242 in Jacksonville, $42,974 to $128,282 in St. Petersburg, $32,689 to $97,578 in Miami, and $36,292 to $108,334 in Orlando. The average median household income in Florida is $61,777. The middle class is shrinking, with upper-income households surging forward and lower-income households increasing in number.