How much do I need to earn to call myself middle class in USA? Do I need to be in the 25 percent tax bracket?
- 1 decade agoFavorite Answer
This question is difficult to answer because of the phenomenoa of the "Middle Classification" of America during the 1950s, which was a response to the "red scare." As you may know, the Soviet Union preached communism which meant "class war" between the lower and upper classes, and as a result of this war all the classes would be made into one, equal class. In order to prevent "class war" from happening in the United States, the government embarked on programs, both economic and propaganda, to make most people in the United States believe they were middle class. People who believe they are "middle class" and are really poor are much less likely to favor communism. Thus, to this day, people in the United States tend to believe they are "lower middle class" typically with an income of $30,000, and "upper middle class" with incomes up to $250,000.
- macdoodleLv 51 decade ago
VARIES BY LOCAL COST OF LIVING..
CAN YOU AFFORD AVERAGE.?
IN ORANGE COUNTY CA 14% CAN AFFORD BUY AN AVERAGE HOME. RENTS ARE INSANE .
SO MIDDLE CLASS IS FOR ALL INTENTS AND PURPOSES GONE.
THANKS TO BIG REAL ESTATE AND OIL OTHER CORPORATE PROFITS AND DISMANTLE SOCIAL PROGRAMS MANY MIDDLE CLASS NOT JUST POOR "FELL THROUGH THE CRACKS"
several sites like below..
Cost of Living Comparison
Our special Cost of Living feature lets you compare two cities side-by-side in all the categories you need, such as taxes, housing, food, and other costs. ...
www.bestplaces.net/col/ - 9k