In the U.S. , people be given to stay soused - lipped about their finances . Many people do n’t even know how much money theircoworkers make , much lessthe restof the earthly concern . So it ’s belike not surprising that study come up that a destiny of Americans do n’t hump what economic category they belong to . In fact , most peoplethink of themselves asmiddle category , even if they make significantly more or less than citizenry in the middle socio-economic class .
To show Americans where they fall in the economic landscape , the Pew Research Center createda calculatorthat shape what economical wall bracket the user is in ground on pre - tax income and location . The term " halfway family " has a lot of connotations , like being capable to afford to buy a star sign or a machine , but this is based purely on numbers — are you in the midway range of income for your surface area ? That means you make between two - thirds and double the U.S. median household income .
consort to Pew , mediate income in the U.S. ranges from $ 45,200 to $ 135,600 , at least as of the most recent data from 2016 . But the researchers also accounted for remainder in cost of living , since $ 50,000 in Omaha is a much different fiscal realism than the same salary in the Bay Area . ( Silicon Valley — the San Jose - Sunnyvale - Santa Clara subway area — had the highest share of upper - income households in the U.S. , at 32 percent . ) The estimator factor in how many multitude you support on that income , too .
Let ’s say you make $ 50,000 for your household of four people . If you live in Bloomington , Indiana , you ’re mediate income . But if you live in the New York City or Los Angeles metro area on that salary , you ’re lower income . likewise , if you live in San Jose and make $ 150,000 for your fellowship of four , you ’re middle income . If you take that remuneration and move to Tucson , you ’d be upper income . While you may not be capable to hop up an economic year just by moving up the route , locationdoes matterwhen it comes to how far your money goes .
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