this post was submitted on 13 Apr 2024
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Middle class wages, adjusted, start at $83.17/hr. If you're making less than that and call yourself middle class you're only fooling yourself. There's a reason you're not told what that line is.
Based on which definition?
I feel like by most commonly used definitions I would be. About half my income (before taxes) goes into savings, my position is considered management, I make between 75%-200% of median national income, I have a graduate degree.
I don't make half that rate though.
Not sure I think middle class is a useful method of classification though, but still curious why that specific number.
It's area dependent, I just picked one that wasn't too high or too low.
https://www.pewresearch.org/short-reads/2020/07/23/are-you-in-the-american-middle-class/
Picked my area and 29K puts you in the middle class, which is like $13/hr, and its pretty close to the national average for COL.