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I am just looking for an average ie: Lower Class 25,000 [er year (just a guess)

2007-10-16 12:22:36 · 6 answers · asked by laughingdixie 1 in Social Science Economics

6 answers

Well, the numbers vary slightly, but what you are looking for is the percentiles, not averages. You need the income that splits the incomes into thirds, fourths or fifths.

A quick internet search shows 46,000 to be the median family income in 2005, which is a line in the absolute middle.

bottom quintile less than $19,178 3.4%
second quintile $19,178 to $36,000 8.6%
middle quintile $36,000 to $57,660 14.6%
fourth quintile $57,660 to $91,7052 3.0%
top quintile more than $91,70550. 4%

top 5% more than $ 166,00022.2%

So middle class could be 36,000 to 57,000

2007-10-16 12:39:20 · answer #1 · answered by Anonymous · 0 0

It depends on your point of view, Most people think they are middle class, so they put the middle where they are. Here is US income distribution to help you decide,
http://www.visualizingeconomics.com/2006/11/05/2005-us-income-distribution/

2007-10-16 12:35:47 · answer #2 · answered by meg 7 · 0 0

lower class- Less than 25,000 Middle class- Less than 250,000 Upper class- over 250,000

2016-05-23 01:04:10 · answer #3 · answered by Anonymous · 0 0

20% of U.S. households make $91,000 or over per household.
The median income is $46,000 per household.
20% of U.S. households make less than $19,000 per household.

I rounded these numbers to the nearest thousand.

2007-10-16 12:36:08 · answer #4 · answered by tiffany 2 · 0 0

This varies by country, year, and number of people in the household.

2007-10-16 12:31:56 · answer #5 · answered by nickipettis 7 · 0 1

if you make less then 23 thou a year your poor. if you make 50 thou a year your rich. according to me at least.

2007-10-16 12:26:32 · answer #6 · answered by Anonymous · 0 2

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