This statistic shows the median household income in the United States from 1970 to 2020, by income tier. In 2020, the median household income for the middle class stood at 90,131 U.S. dollars, which was approximately a 50 percent increase from 1970. However, the median income of upper income households in the U.S. increased by almost 70 percent compared to 1970.
By 2030, the middle-class population in Asia-Pacific is expected to increase from **** billion people in 2015 to **** billion people. In comparison, the middle-class population of sub-Saharan Africa is expected to increase from *** million in 2015 to *** million in 2030. Worldwide wealth While the middle-class has been on the rise, there is still a huge disparity in global wealth and income. The United States had the highest number of individuals belonging to the top one percent of wealth holders, and the value of global wealth is only expected to increase over the coming years. Around ** percent of the world’s population had assets valued at less than 10,000 U.S. dollars, while less than *** percent had assets of more than one million U.S. dollars. Asia had the highest percentage of investable assets in the world in 2018, whereas Oceania had the highest percentage of non-investable assets. The middle-class The middle class is the group of people whose income falls in the middle of the scale. China accounted for over half of the global population for middle-class wealth in 2017. In the United States, the debate about the middle class “disappearing” has been a popular topic due to the increase in wealth among the top billionaires in the nation. Due to this, there have been arguments to increase taxes on the rich to help support the middle class.
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Graph and download economic data for Real Median Family Income in the United States (MEFAINUSA672N) from 1953 to 2023 about family, median, income, real, and USA.
Tokyo is the city where the highest number of consumers counts as middle class and above. In the Japanese capital, ** million people earned at least the equivalent of the highest ** percent of global income earners as of 2022 in purchasing power parity (PPP) terms. Delhi and Shanghai followed behind.
This dataset contains replication files for "The Fading American Dream: Trends in Absolute Income Mobility Since 1940" by Raj Chetty, David Grusky, Maximilian Hell, Nathaniel Hendren, Robert Manduca, and Jimmy Narang. For more information, see https://opportunityinsights.org/paper/the-fading-american-dream/. A summary of the related publication follows. One of the defining features of the “American Dream” is the ideal that children have a higher standard of living than their parents. We assess whether the U.S. is living up to this ideal by estimating rates of “absolute income mobility” – the fraction of children who earn more than their parents – since 1940. We measure absolute mobility by comparing children’s household incomes at age 30 (adjusted for inflation using the Consumer Price Index) with their parents’ household incomes at age 30. We find that rates of absolute mobility have fallen from approximately 90% for children born in 1940 to 50% for children born in the 1980s. Absolute income mobility has fallen across the entire income distribution, with the largest declines for families in the middle class. These findings are unaffected by using alternative price indices to adjust for inflation, accounting for taxes and transfers, measuring income at later ages, and adjusting for changes in household size. Absolute mobility fell in all 50 states, although the rate of decline varied, with the largest declines concentrated in states in the industrial Midwest, such as Michigan and Illinois. The decline in absolute mobility is especially steep – from 95% for children born in 1940 to 41% for children born in 1984 – when we compare the sons’ earnings to their fathers’ earnings. Why have rates of upward income mobility fallen so sharply over the past half-century? There have been two important trends that have affected the incomes of children born in the 1980s relative to those born in the 1940s and 1950s: lower Gross Domestic Product (GDP) growth rates and greater inequality in the distribution of growth. We find that most of the decline in absolute mobility is driven by the more unequal distribution of economic growth rather than the slowdown in aggregate growth rates. When we simulate an economy that restores GDP growth to the levels experienced in the 1940s and 1950s but distributes that growth across income groups as it is distributed today, absolute mobility only increases to 62%. In contrast, maintaining GDP at its current level but distributing it more broadly across income groups – at it was distributed for children born in the 1940s – would increase absolute mobility to 80%, thereby reversing more than two-thirds of the decline in absolute mobility. These findings show that higher growth rates alone are insufficient to restore absolute mobility to the levels experienced in mid-century America. Under the current distribution of GDP, we would need real GDP growth rates above 6% per year to return to rates of absolute mobility in the 1940s. Intuitively, because a large fraction of GDP goes to a small fraction of high-income households today, higher GDP growth does not substantially increase the number of children who earn more than their parents. Of course, this does not mean that GDP growth does not matter: changing the distribution of growth naturally has smaller effects on absolute mobility when there is very little growth to be distributed. The key point is that increasing absolute mobility substantially would require more broad-based economic growth. We conclude that absolute mobility has declined sharply in America over the past half-century primarily because of the growth in inequality. If one wants to revive the “American Dream” of high rates of absolute mobility, one must have an interest in growth that is shared more broadly across the income distribution.
The Pew Research Center defines the middle class as households that earn between two-thirds and double the median U.S. household income, which was $65,000 in 2021, according to the U.S. Census Bureau. Using this measure, middle income is made up of households making between $43,350 and $130,000 annually.This map isolates 7 income brackets within the middle class income range, and maps the relative predominance of each income range across the country for census tracts, counties, and states. The brackets defined in the map, drawn from ACS Household Income Distribution data, are as follows:Households whose income in the past 12 months was $125,000 to $149,999Households whose income in the past 12 months was $100,000 to $124,999Households whose income in the past 12 months was $75,000 to $99,999Households whose income in the past 12 months was $60,000 to $74,999Households whose income in the past 12 months was $50,000 to $59,999Households whose income in the past 12 months was $45,000 to $49,999Households whose income in the past 12 months was $40,000 to $44,999Click on each feature reveals more detailed information in the pop-up regarding the current predominant income bracket and compares these figures to historical data. Information included in the pop-up:The total number of homes falling into the predominant Middle Class income bracketThe total number of homes compared to the 2010 - 2014 ACS Household Income Distribution Variables.The percent change in homes within the predominant income bracket between the current ACS, and 2010 - 2014 ACS and whether or not this change is considered statistically significant.This map uses the most current release of data from the American Community Survey (ACS) about household income ranges and cutoffs. Web Map originally owned by Summers Cleary
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United States - Population, Total for Upper Middle Income Countries was 2816864459.00000 Persons in January of 2023, according to the United States Federal Reserve. Historically, United States - Population, Total for Upper Middle Income Countries reached a record high of 2816864459.00000 in January of 2023 and a record low of 1136464260.00000 in January of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Population, Total for Upper Middle Income Countries - last updated from the United States Federal Reserve on September of 2025.
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Graph and download economic data for Real Median Personal Income in the United States (MEPAINUSA672N) from 1974 to 2023 about personal income, personal, median, income, real, and USA.
Income statistics by economic family type and income source, annual.
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United States - Gross Domestic Product for Upper Middle Income Countries was 29440021018933.49888 Current $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Gross Domestic Product for Upper Middle Income Countries reached a record high of 29440021018933.49888 in January of 2023 and a record low of 213309686104.86400 in January of 1961. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Gross Domestic Product for Upper Middle Income Countries - last updated from the United States Federal Reserve on September of 2025.
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Graph and download economic data for Median Household Income in the United States (MEHOINUSA646N) from 1984 to 2023 about households, median, income, and USA.
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United States - Crude Birth Rate for Middle Income Countries was 15.83856 Births per 1,000 People in January of 2023, according to the United States Federal Reserve. Historically, United States - Crude Birth Rate for Middle Income Countries reached a record high of 40.62641 in January of 1963 and a record low of 15.83856 in January of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Crude Birth Rate for Middle Income Countries - last updated from the United States Federal Reserve on September of 2025.
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Disposable Income per Capita: Urban: Middle Income data was reported at 48,508.000 RMB in 2024. This records an increase from the previous number of 46,276.000 RMB for 2023. Disposable Income per Capita: Urban: Middle Income data is updated yearly, averaging 8,678.295 RMB from Dec 1985 (Median) to 2024, with 40 observations. The data reached an all-time high of 48,508.000 RMB in 2024 and a record low of 737.280 RMB in 1985. Disposable Income per Capita: Urban: Middle Income data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Income by Income Level. Since 2013, All households in the sample are grouped, by per capita disposable income of the household, into groups of low income, lower middle income, middle income, upper middle income, and high income, each group consisting of 20%, 20%, 20%, 20%, and 20% of all households respectively.
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China Consumption Exp per Capita: Urban: Middle Income: Household Facility, Article & Service data was reported at 1,033.640 RMB in 2012. This records an increase from the previous number of 923.350 RMB for 2011. China Consumption Exp per Capita: Urban: Middle Income: Household Facility, Article & Service data is updated yearly, averaging 343.060 RMB from Dec 1985 (Median) to 2012, with 23 observations. The data reached an all-time high of 1,033.640 RMB in 2012 and a record low of 77.160 RMB in 1985. China Consumption Exp per Capita: Urban: Middle Income: Household Facility, Article & Service data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Consumption Structure by Income Level: Urban.
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Gross Domestic Product for Low and Middle Income Countries was 37533765909927.99744 Current $ in January of 2023, according to the United States Federal Reserve. Historically, Gross Domestic Product for Low and Middle Income Countries reached a record high of 37533765909927.99744 in January of 2023 and a record low of 320143736046.44300 in January of 1961. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product for Low and Middle Income Countries - last updated from the United States Federal Reserve on August of 2025.
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In striking contrast to the notion that democracy is under threat because ‘the middle’ has been ‘squeezed’ over recent decades, Iversen and Soskice (2019) in their book, Democracy and Prosperity, present an optimistic account about the future of democracy. This paper examines their key assumption that the symbiosis between democracy and advanced capitalism is underpinned by electorally decisive middle-class voters that secure a constant share of economic growth. Using comprehensive data on income trends, it is shown that this claim does not stand up to scrutiny: median income has often lagged behind the mean in household surveys, rather than kept pace with it as Iversen and Soskice claim. Strong real income growth has generally not compensated the middle for lagging behind. The varying fortunes of the middle in securing its share of economic growth have implications for the broader debate about inequality and democracy.
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China Disposable Income per Capita: Urban: Upper Middle Income data was reported at 68,151.000 RMB in 2024. This records an increase from the previous number of 65,430.000 RMB for 2023. China Disposable Income per Capita: Urban: Upper Middle Income data is updated yearly, averaging 11,827.130 RMB from Dec 1985 (Median) to 2024, with 40 observations. The data reached an all-time high of 68,151.000 RMB in 2024 and a record low of 861.960 RMB in 1985. China Disposable Income per Capita: Urban: Upper Middle Income data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Income by Income Level. Since 2013, All households in the sample are grouped, by per capita disposable income of the household, into groups of low income, lower middle income, middle income, upper middle income, and high income, each group consisting of 20%, 20%, 20%, 20%, and 20% of all households respectively.
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This dataset is about book subjects. It has 2 rows and is filtered where the books is The middle class ABC. It features 10 columns including number of authors, number of books, earliest publication date, and latest publication date.
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This article studies the median income of UK households from 1977 to 2011/12. Source agency: Office for National Statistics Designation: National Statistics Language: English Alternative title: Median Household Income
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United States - Population, Total for Middle Income Countries was 5896643239.00000 Persons in January of 2023, according to the United States Federal Reserve. Historically, United States - Population, Total for Middle Income Countries reached a record high of 5896643239.00000 in January of 2023 and a record low of 2126448264.00000 in January of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Population, Total for Middle Income Countries - last updated from the United States Federal Reserve on September of 2025.
This statistic shows the median household income in the United States from 1970 to 2020, by income tier. In 2020, the median household income for the middle class stood at 90,131 U.S. dollars, which was approximately a 50 percent increase from 1970. However, the median income of upper income households in the U.S. increased by almost 70 percent compared to 1970.