Most Americans Think They’re Middle Class — Here’s Why the Numbers Tell a Different Story

Nearly everyone identifies as middle class. Households earning $40,000 say it. Households earning $250,000 say it. The label has become something people reach for regardless of where the income data actually puts them. Pew Research Center defines the middle class as households earning between two-thirds and double the local median income. With the U.S. median at $83,730 in 2024…

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