Income calculator by research group determines if you are middle class

Mail Online | 9/11/2018 | Jessa Schroeder For
doona07 (Posted by) Level 3
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An interesting new income calculator that includes most recent data from the Pew Research Center determines whether you are considered lower class, middle class or upper class in the United States based on household size, salary and location of living.

The analysis from 2016 revealed that more than a half of Americans are considered to be apart of the median social hierarchy.

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To be exact, the report confirmed 52 percent were ranked middle class - while 29 percent were ranked lower class and the minimum, 19 percent upper class.

The calculator 'takes your household income and adjusts it for the size of your household.'

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It then revises the 'income upward for households that are below average in size and downward for those of above average size,' the Pew Research Center said.

The income...
(Excerpt) Read more at: Mail Online
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