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Consumption. Another way to define middle class is by how much you spend. This more accurately reflects your well-being since income doesn't take into account non-cash government benefits, such as ...
Pew’s previous report showed that for the first time since at least the 1960s, the majority of Americans were not in the middle class. In 2021, just 50% of American adults lived in middle-income ...
The share of Americans who are in the middle class is smaller than it used to be. In 1971, 61% of Americans lived in middle-class households. By 2023, the share had fallen to 51%, according to a new ...
In the Midwest, the share of families living in middle-class neighborhoods has fallen by 13 percentage points in Columbus, Ohio, since 1990, by 12 in Chicago, and by nine in Indianapolis.
Being middle class has traditionally been associated with a cushy lifestyle -- one where you're not living month to month and can afford to take annual family vacations. But the definition of what ...
America's middle class has been shrinking for the past 50 years. While middle class Americans remain the biggest income group by number of people, the same can't be said of the aggregate income ...
Vice President Harris says she would grow the middle class if elected, but an economist says her administration's push for an EV mandate is not practical for middle-class citizens.
‘Middle class’ has lost all meaning: we need new ways to talk about society. The term is wildly out of date and used to describe the problems of the elite, writes Hannah Fearn.