Money Talks News on MSN
The American middle class really is shrinking — but probably not for the reasons you think
The middle class is indeed shrinking, but new research reveals the trend is actually good news.
This is read by an automated voice. Please report any issues or inconsistencies here. “The middle class is shrinking” might be the assertion of the decade. Progressives and populists alike use it to ...
Methodology: For this study, MoneyLion analyzed each state to find the line where upper-middle class begins. Median household income was sourced from the 2024 1-year U.S. Census American Community ...
“The middle class is shrinking” might be the assertion of the decade. Progressives and populists alike use it to justify nearly all government interventions, from tariffs to minimum-wage hikes to ...
In 1980 middle-class families lived in a world of Atari consoles, rotary phones and station wagons with wood paneling. The median U.S. household income was $21,020, enough to buy a modest home, a ...
ChatGPT started with the basics. In 1971, about 61% of American adults lived in middle-income households. By 2021, that number had dropped to 50%. That’s a massive shift in just 50 years. But the ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results