![]() ![]() State taxes can make a difference in exactly where people find themselves on the income class ladder. In Mississippi, an individual earning $41,754 is definitely middle class, but earn that same amount in New York and you’re a working-class person. Much depends on the state you live in to determine the state of your class ranking. While the middle class is by far the largest, it makes up approximately half of all Americans, at 51 percent. Pew Research Center defines middle class as those earning between 67 percent and 200 percent of the median income, which works out to income between $39,560 and $118,080. However, the middle class is contracting, not expanding. Census Bureau, put the median national household income level at $60,336, the highest level recorded. ![]() The 2017 American Community Survey, issued by the U.S. In Hawaii, the numbers are $14,380 for one person, $19,460 for a couple and $29,620 for a family of four. For a family of four, the amount is $32,190. For Alaska residents, a person earning less than $15,600 is considered impoverished, as is a couple earning less than $21,130. For two people or a couple, the amount is $16,910, and for a family of four, it is $25,750. Federal poverty guidelines for 2019 in the 48 contiguous states and Washington, D.C., consider a person earning less than $12,490 annually as impoverished. While these people might struggle, they are not considered poor. Many of these people are best described not only as working class but as lower-middle class. Approximately 29 percent of Americans fall into the lower class based on income.
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