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64 More Americans Are Breaking Into the Upper Middle Class

Slashdot
BeauHD @ Slashdot 2 place · today 13:00 EDT

More Americans Are Breaking Into the Upper Middle Class

More Americans have moved into upper-middle-class incomes over the past several decades (source paywalled; alternative source), with new research suggesting that group has grown sharply while the lower and core middle class have shrunk. The Wall Street Journal reports: In 2024, about 31% of Americans were part of the upper middle class, up from about 10% in 1979, according to a report released this year by the right-leaning American Enterprise Institute. There is no single, standard definition of middle cla

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