http://www.visualizingeconomics.com/2006/11/05/2005-us-income-distribution/
In 2005 the average household income was $63,000, the median( half above halve below) was $47,000, but the most common was below this, and the average wage for non managers was $37,000. The middle class is some spread around these numbers and being poor also depend on how many people in your household, and whether you live in an expensive region of the country. A family of four with an income of $50,000 a year would be just getting by in NYC but be very comfortable in Iowa.
About 12% are officially in poverty but probably twice that number feel poor. Almost no one thinks of themselves as rich if they work for a living
2007-12-28 18:55:59
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answer #1
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answered by meg 7
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Most of them are poor, and the middle class is quickly dying out. Too bad for the government, because it's the middle class that pays most of the taxes!
The rich are only 1% of the population and that isn't enough to support the tax base. The poor haven't the money to pay taxes so somethings going to give sooner or later.
2007-12-28 13:54:22
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answer #2
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answered by the old dog 7
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The large majority are "middle class", maybe 20% are affluent-to-rich, and maybe 13% are in "poverty".
Of course these things are all relative -- even at the borderline of "poverty" the working near-poor American has a level of measurable material lifestyle (ie, types of homes, number of cars, amount of stuff, etc) that would put them solidly in the middle class of any European nation and well above the median of Japan.
2007-12-28 17:04:48
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answer #3
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answered by KevinStud99 6
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Most of everyone is in the middle class.
2007-12-28 13:58:31
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answer #4
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answered by thelongestday41 3
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Most people consider themselves middle class while statistically they are working class (which is just a nice euphemism for poor-ish).
2007-12-28 15:07:51
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answer #5
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answered by Hubris252 7
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yes but its a relative term. The poor in us live a lifestyle that would be considered upper middle class in middle Africa
2007-12-28 14:27:25
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answer #6
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answered by Jelise 4
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Yes...
I don't understand how some people are like parrots- constantly
repeating that family income in US is this is that...
US families have NO savings- they survive on debt.
Second thing, healthcare, education, childcare etc. cost a fortune, SO in the end- you' d be better off with A LOT less than you see as your cash in US, if you were in NORMAL welfare democracies.
Actually, even in monetary terms, there are higher family incomes than in US... and countries where you don't have to sell your kidney or go bankrupt to pay medical bills.
I'd RATHER look at US savings rate, and poverty/child poverty, dead on streets because no HI etc. and then draw conclusions.
2007-12-28 21:53:35
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answer #7
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answered by Filip 2
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most are middle class
2007-12-28 13:53:08
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answer #8
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answered by VICTOR P 2
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The poor are lazy.
2007-12-28 13:54:20
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answer #9
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answered by realrepublican 2
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