The middle class in American cities has disappeared
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Among US cities with a population of more than 250,000, in Henderson, Nevada, the proportion of middle-class households between It has decreased from 2017 to 2022. During this period, the middle class has reached 41.1% from 45.2% of households. After that, in Beach, Virginia, the middle class went from 46.8 percent of families in the middle class to 43 percent.
Among the 10 largest US cities, San Diego had the largest decline in middle class households. San Antonio, Philadelphia and Houston were the only cities in the top 10 with middle-class populations. According to federal data, middle-class families of three earn an average of $62,000 to $187,000 a year.
Among the aforementioned cities, Saint Petersburg has the lowest middle class income with a range of 46,627 to 139,882 dollars. Anchorage had the highest threshold for being in the middle class with an income range of $67,167 to $201,502.
Although the bottom floor has shrunk a bit in recent years, the top floor has been more profitable. According to the PEW report, about 19% of the American population is in the upper class. The data also show that there is now a wider gap between the incomes of high-income households and other households.
