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The ranks of Americans who fall on the extreme ends of the income spectrum has been growing steadily in recent decades.
Here's a similar chart allowing you to see how the middle class is being squeezed over time by the increasing percentage of those in the lower and upper class: The middle class is falling further ...
You may think you’re part of the middle-class, but depending on your income tax bracket you could be upper-middle class and simply not realize it. Powered by Money.com - Yahoo may earn ...
The share of upper-middle-class households has been increasing, but so too has the share of the lower- and lower-middle-class households. Making a six-figure salary used to be thought of as ...
But how has this segment changed over time? Between 1971 and 2023, the middle class shrank by 10%, while the upper and lower classes grew by 8% and 3%, respectively. Here's a closer look at why ...