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  1. Apr 28, 2022 · Families are paying $3,500 more this year for the basic set of goods and services that the Consumer Price Index (CPI) follows than they did last year. Average hourly earnings, by contrast, are ...

  2. May 31, 2024 · The share of overall income held by lower-income households edged down from 10% in 1970 to 8% in 2022. This happened even though the share of people living in lower-income households increased over this period. The share of people in the U.S. middle class varied from 46% to 55% across racial and ethnic groups in 2022.

    • Sara Atske
  3. Nov 30, 2023 · According to the most recent data from the Pew Research Center, roughly 50% of Americans fall into the middle class. That percentage has been falling for the past five decades, with more Americans...

    • John Csiszar
  4. Aug 16, 2020 · From the people and the cutting-edge research, I have built an understanding of what actually made the middle class boom after World War II, and what it will take to rebuild it from our pandemic ...

  5. Dec 15, 2020 · Pre-pandemic, middle-class Americans modeled the belief that everything was fine. Unemployment was low; consumer confidence was high; the housing market had “recovered.”. In 2019, 95 percent ...

    • Anne Helen Petersen
  6. Apr 20, 2022 · The median income for lower-income households grew more slowly than that of middle-class households, increasing from $20,604 in 1970 to $29,963 in 2020, or 45%. The rise in income from 1970 to 2020 was steepest for upper-income households. Their median income increased 69% during that timespan, from $130,008 to $219,572.

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  8. Sep 27, 2012 · But lately, members of the middle class have also been getting stuck: Between 1996 and 2006, they were 25 percent likelier to stay where they were, compared with the middle class in the 1976 to ...

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