Shrinking middle class

Feb 6, 2015

The Upshot has a detailed, chart-filled summary of the shrinking middle class, categorized by age, education, race, and family status.

The middle class, if defined as households making between $35,000 and $100,000 a year, shrank in the final decades of the 20th century. For a welcome reason, though: More Americans moved up into what might be considered the upper middle class or the affluent. Since 2000, the middle class has been shrinking for a decidedly more alarming reason: Incomes have fallen.

The key is that post-2000 mark. Middle income consistently down, but lower income up and upper income down.

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