Arizona's Shrinking Middle Class: Household Incomes Fall Short of $150K Benchmark
- Median household income in Arizona was $72,581 from 2018-2022, per U.S. Census data
- Valley economist says middle class is shrinking as lower class grows larger
- To be middle class, need 1.5 earners per household making about $75,000 each
- Most Arizona households fall below $75,000 middle class income threshold
- Original story published on February 28, 2024 discussing economy and inflation
