The Salary You Need to be Considered Middle Class in Every State

DrBanneker

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Figthing borg at Wolf 359
Sounds like they don’t know how to budget their money

That's what I said but when you got a $2M house (which isn't shyt in many of the nicer spots in SF) your mortgage payment alone is like $10k before any taxes or insurance. That's $120k a year just to keep a roof over your head :huhldup:
 

Rick Fox at UNC

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I'm sorry they claim $200k is high end of the middle class in California:heh:

Unless you live in a bumblefukk red county I know people pushing $300k still living lean in the Bay.

They're choosing to then.

Even if you only take home $180,000 of that, it's still $15,000/Month.

That means you can spend $10,000 and still save $5,000.

If your budget is $10,000 a month, you can afford to live in pretty much any decent neighborhood in the world.
 

Rick Fox at UNC

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That's what I said but when you got a $2M house (which isn't shyt in many of the nicer spots in SF) your mortgage payment alone is like $10k before any taxes or insurance. That's $120k a year just to keep a roof over your head :huhldup:

Oh, I see.

Yea, probably should be making double that to pick up a $2m mortgage. If single, could grab a nice spot in Nob Hill, or anywhere around the city for around a million.

If married, might consider a $2m property on both incomes but still risky.

Tell your friends to work for that E5/E6 promo or that L6.
 

DrBanneker

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They're choosing to then.

Even if you only take home $180,000 of that, it's still $15,000/Month.

That means you can spend $10,000 and still save $5,000.

If your budget is $10,000 a month, you can afford to live in pretty much any decent neighborhood in the world.

Oh, I see.

Yea, probably should be making double that to pick up a $2m mortgage. If single, could grab a nice spot in Nob Hill, or anywhere around the city for around a million.

If married, might consider a $2m property on both incomes but still risky.

Tell your friends to work for that E5/E6 promo or that L6.

Nob Hill is almost to $1.5M at median now...

You are right and I keep telling folks to hit up Contra Costa etc. if the commute isn't too bad but with $300k taking home say $250k and housing plus insurance is about $150k that leaves $100k for everything else which should be enough but I don't know how they are living. Everything there is so pricey.

My bigger point is I think the upper middle class limit in Cali should be $300-400 not $200k like Georgia or something.
 

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Why would they put Low end Middle Class and High end Middle class numbers?

Should have just put single number thresholds. I guess I can just go by the median household income number

Because a lot of people will then have to face the fact that they aren’t really middle class, but they’re poor. We certainly can’t have that now.
 

dora_da_destroyer

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They're choosing to then.

Even if you only take home $180,000 of that, it's still $15,000/Month.

That means you can spend $10,000 and still save $5,000.

If your budget is $10,000 a month, you can afford to live in pretty much any decent neighborhood in the world.
Did you forget about taxes, retirement, savings, other debt…your take home ain’t $15k
 

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Shoppers at an outlet mall in Los Angeles. (Frederic J. Brown / AFP - Getty Images)

Shoppers at an outlet mall in Los Angeles.
A six-figure household income doesn’t necessarily make you rich — in many cases, it just means you’re middle class.

The upper bound of what’s considered middle class for households exceeds $100,000 in every U.S. state, according to a SmartAsset analysis of 2023 income data, the most recent available from the U.S. Census Bureau.

The report, which crunched the numbers for all 50 states, is based on Pew Research’s definition of middle class: two-thirds to double the median household income.


On that measure, Massachusetts has the highest threshold for middle-class salaries, overtaking New Jersey from last year’s rankings. A household there needs between $66,565 and $199,716 to be considered middle class, with the upper boundary increasing by nearly $11,000 from the previous report.


A six-figure income doesn't go as far as it used to

Even as more households earn six-figure salaries, many middle-class earners are feeling the squeeze. While inflation-adjusted wages have risen since 2022, those gains have been largely offset by increasing costs since the start of the Covid-19 pandemic in 2020.

Housing and food, in particular, have become more expensive. From January 2020 to December 2024, home prices climbed 52%, according to the Case-Shiller U.S. National Home Price Index, while food prices rose 30%, based on Consumer Price Index data. Over the same period, overall inflation grew 25%.

Rising costs help explain why two-thirds of middle-class Americans said they were struggling financially and didn’t expect their situation to improve in a 2024 survey from the National True Cost of Living Coalition.

Since then, year-over-year inflation has hovered around 3%, still above the Federal Reserve’s 2% target but far below its June 2022 peak of 9.1%. But although price increases have slowed, the cumulative effect of the past few years has eroded many Americans’ spending power. As a result, a six-figure income may not stretch as far as it once did.

Below, see what’s considered middle class in your state.





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Everybody here 6 certs 6 figures tho:blessed:
Numbers are dumb because they don’t take into account metro differences. Everyone doesn’t live in the same place within a state. There’s a big difference between living in Chicago and some random town in Illinois.
 

dora_da_destroyer

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Nob Hill is almost to $1.5M at median now...

You are right and I keep telling folks to hit up Contra Costa etc. if the commute isn't too bad but with $300k taking home say $250k and housing plus insurance is about $150k that leaves $100k for everything else which should be enough but I don't know how they are living. Everything there is so pricey.

My bigger point is I think the upper middle class limit in Cali should be $300-400 not $200k like Georgia or something.
As the state average, no. California is big as hell and has a lot of rural/bumfukk farming areas. up north might as well be flyover territory, the Central Valley is poor as hell, as is the eastern half of SoCal.
 
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