“Check out this article about a study showing how the middle class is shrinking. Are you in one of the hardest hit states?” – GC
This map shows how much America’s middle class has shrunk since the year 2000 by Sarah Schmalbruch
According to the Pew Charitable Trust, middle class means earning anywhere between 67% to 200% of your state’s median income.
The Pew Charitable Trust’s Stateline blog recently published a study which looks at how the number of middle class families in America has changed between the years of 2000-2013.
The study found that the percentage of middle class households (as defined above) has shrunk in all 50 states since 2000.
This is especially significant since the median income has also dropped in most states, due to adjustment for inflation.
Read the full article at: Business Insider