Middle Class Shrinks

News

After more than four decades of serving as the nation’s economic majority, the American middle class is now matched in number by those in the economic tiers above and below it. In early 2015, 120.8 million adults were in middle-income households, compared with 121.3 million in lower- and upper-income households combined, a demographic shift that could signal a tipping point, according to a new Pew Research Center analysis of government data.

The silent majority middle class is shrinking in USA. The notion that the middle class is shrinking is extremely controversial because the economic boundaries that define the middle class vary.

Households that earn between $25,000 and $75,000 represent approximately the middle half of the income distribution tables provided by the U.S. Census Bureau.

The Tipping Point: Most Americans No Longer Are Middle Class http://n.pr/1OTG8HM

Most Americans Aren't Middle Class Anymore http://53eig.ht/1SObdxA

Middle-class families, pillar of the American dream, are no longer in the majority, study finds http://fw.to/0iqDJPQ

The American Middle Class Is Losing Ground http://pewrsr.ch/1TBwoTq