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- The middle class in the United States has steadily contracted over the past five decades12. The share of adults living in middle-class households has fallen from 61% in 1971 to 50% in 202112. Factors contributing to this decline include surging inflation, an aging population, and the rise of remote work3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The middle class, once the economic stratum of a clear majority of American adults, has steadily contracted in the past five decades. The share of adults who live in middle-class households fell from 61% in 1971 to 50% in 2021, according to a new Pew Research Center analysis of government data.www.pewtrusts.org/en/trust/archive/fall-2022/how-t…The middle class is shrinking, according to a study by the Pew Research Center. What happens if it disappears altogether? Rakesh Kochhar ran the study to show what “middle class” actually means. Kochhar’s team found the share of Americans who qualify as the middle class has fallen from 61% in 1971 to 50% in 2021.www.denver7.com/news/national/two-americas/wh…The middle class is shrinking as a result of several factors including surging inflation, an aging population, and the rise of remote work, according to a new report from ConsumerAffairs.www.kiplinger.com/personal-finance/credit-debt/th…
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How the American middle class has changed in the …
Apr 20, 2022 · The widening of the income gap and the shrinking of the middle class has led to a steady decrease in the share of U.S. aggregate income held by middle-class households. In 1970, adults in middle-income households …
The State of the American Middle Class - Pew …
May 31, 2024 · In 1971, 61% of Americans lived in middle-class households. By 2023, the share had fallen to 51%, according to a new Pew Research Center analysis of government data. As a result, Americans are more apart than …
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Jan 18, 2023 · Nearly three-quarters, or 72%, of middle-income families say their earnings are falling behind the cost of living, up from 68% a year ago, according to a separate report by Primerica based on a...
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Dec 9, 2015 · The news regarding the American middle class is not all bad. Although the middle class has not kept pace with upper-income households, its median income, adjusted for household size, has risen over the long haul, …
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Sep 15, 2023 · The middle class is shrinking as a result of several factors including surging inflation, an aging population, and the rise of remote work, according to a new report from ConsumerAffairs....
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