How Much Money Do You Need to be Upper-Middle Class?

This graph shows something surprising about the middle class. The core middle class is shrinking from about 36% of the population in 1979 to about 31% of the population in 2024. But one analysis found that this is not because Americans are getting poorer.In fact, the share of Americans who are considered poor or lower middle class is shrinking too. These economists think that the middle class is shrinking because Americans are actually getting wealthier. Take a look at the upper middle class.In this graph, ...