What Income Level and Net Worth Defines Middle Class in America?
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The article defines lower, middle, and upper classes in America by income and net worth based on Census Bureau data.
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Middle class household income ranges from $58,021 to $94,000; median household income is $74,580.
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You can compare your income and net worth to national medians to see where you rank economically.
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Some define middle class by aspirations like home ownership rather than income.
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You can move up in class by developing good financial habits, increasing income, and saving the difference.