So Who Exactly is the Middle Class?

Obama/Biden

Obama announced today that he’ll launch a task force on the middle class and signed executive orders that would strengthen unions.  Vice President Joe Biden will head up the task force on the middle class.

So Just what is the Middle Class?

The middle according to the Drum Major Institute consists of those that make between $25,000 – $100,000. The middle class makes up 25-66% of America.

Visual Representation of the Middle Class

Source Wikipedia

middleclass2

Bottom 10% $0 to $10,500

Bottom 20% $0 to $18,500

Bottom 25% $0 to $22,500

Middle $30,000 to $62,500

Middle 20% $35,000 to $55,000

Top 20% $77,500 and up

Top 20% $92,000 and up

Top 5% $167,000 and up

Top 1.5% $250,000 and up

Top 1% $350,000 and up

One Response

  1. Brandilyn Says:

    BION I’m ipmsersed! Cool post!

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