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Archive for August 30th, 2018


Nowadays, United States middle-class families are making less money in almost every state. Since 1999, median incomes have dropped nationwide and, in states like Indiana, they’ve shrunk by more than 9 percent. This is because trillions of dollars of yearly income have been redistributed from the 99 to the 1 percent by the billionaire controlled US government.

The folks at the financial website GOBankingRates used Pew Research Center and United States Census Bureau data, as well as data from real-estate site Zillow, to find the change in median household income in every state. The incomes are adjusted for inflation and the percentages reflect the increase in incomes from 1999 to 2014.

However, I should point out that the US government has been accused, and probably rightfully so, of deliberately understating inflation. In which case, real median incomes have dropped even further than the study shows.

You need to earn an annual household income of “two-thirds to double the national median, after incomes have been adjusted for household size,” to be considered middle class, according to Pew. The most recent national household median income estimate was $59,039, according to the U.S. Census.

“Although the middle class is shrinking,” the GOBankingRates report says, in some places “middle-income families continue to thrive.” Here’s where the numbers have gone up instead of down:

South Dakota

Median household income of middle-class families : $77,176

Median household income change of middle class : 1.7 percent

“South Dakota has the fifth-highest median household income for middle-class families, and it’s where middle-class incomes increased the most between 1999 and 2014,” according to GOBankingRates. It’s “one of only two states where middle-class incomes actually increased over those years, and it’s one of only four states where the proportion of middle income households has increased from 2010 to 2015.”

Vermont

Median household income of middle-class families : $75,540

Median household income change of middle class : 0.2 percent

Vermont is the only other state where middle-class incomes have risen; however, it’s also “one of the costliest states for an in-state college education,” the report finds, with the second-highest in-state tuition and fees in the country behind New Hampshire.

Middle Class Families Earning Less–Yahoo News

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