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What exactly is the middle class? Who’s in it and who isn’t? Is it really shrinking? And what about you? Which income class are you actually in?

MiddleClass

Whether you’re considered middle class commonly depends on your income and in the U.S., an annual household income of $60,000 (often based on two salaries) is right in the middle, according to the U.S. Census Bureau.Some economists use a definition starting at about 50 percent above the poverty level for a family of four ($35,000) and topping out at six figures of annual income ($100,000), adjusting for inflation over time.

Are you in the American middle class?Find out with this income calculator:

Are-you-in-the-american-middle-class

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