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Study: Pa. Household Must Make At Least $25,757 To Reach the State's Middle Class
In Pennsylvania, households must earn a minimum of $25,757 per year to be considered middle class, with the upper earnings boundary set at $121,862, according to a new 24/7 Wall St. analysis.
The total share of household income in Pennsylvania controlled by middle-class earners is 45.8 percent, 24/7 Wall St. reports. In comparison, the share of income in the state controlled by the top 5 percent of earners was 23 percent.
To determine the income requirements of the middle class in each state, 24/7 Wall St. examined family income quintiles in the 2018 American Community Survey conducted by the...
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