Middle Class in America: Income & Location Matter
Update: 2025-12-17
Description
Exploring the Middle Class in America: Income, Location, and Financial StabilityThis episode delves into the complexities of being middle class in the U.S., with income thresholds ranging from $55,000 to $167,000 for a three-person household. However, income is just one factor; location and financial stability also play significant roles. The cost of living varies greatly across the country, with a $65,000 salary feeling different in Jackson, Tennessee versus San Francisco. Pews recent calculator highlights these differences based on over 250 metropolitan areas. Despite a decrease in middle-class population from 61% in 1971 to 51% in 2023, smart financial habits like budgeting, managing debt, building an emergency fund, and planning for the future remain crucial for financial well-being.
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