Silicon Valley is so expensive that people who make $400,000 think they're middle-class — here's what the middle class actually is in the 25 largest US cities
Sergi Alexander/Getty Images for Haute Living
- The Pew Research Center defines the US middle class as those earning 67% to 200% of the median household income.
- Middle-class Americans earned about $39,000 to $118,000 in 2016, according to Pew's definition, but middle-class incomes vary at the state and city levels.
- Some Silicon Valley residents earning $400,000 consider themselves to be in the middle class, a recent survey found.
Some residents of Silicon Valley self-identify as being in the middle class, even though their salaries dwarf those of many Americans.
The Pew Research Center defines the US middle class as those earning two-thirds to twice the median household income, which was $59,039 in 2016, meaning middle-class Americans were earning about $39,000 to $118,000.
But that number shifts as its broken down by state and even by city.
The Palo Alto Weekly, a local paper in Palo Alto, California, asked residents to report their household income and perceived social class. Out of more than 250 respondents, 81 with incomes between $10,000 to $399,999 said they were "middle class."
"Middle class" is a term used broadly — and often incorrectly — even though it can be quantified with US government data. And while the US middle class has been shrinking for decades, most Americans still consider themselves part of it. Many of the high-earning Palo Alto residents noted the high cost of living was one of the reasons they identified as being in the middle class.
But whether you're in the "middle class" varies depending on where you live.
To get a sense of what it looks like in 25 US cities, Business Insider pulled census data from the 2016 American Community Survey for the largest metropolitan statistical areas. For clarity, we listed the largest city in the MSA (some include more than one).
Below, find out how much income you have to earn to be considered in the middle class in 25 metro areas.
Tampa, Florida: up to $102,230
Shutterstock / Bonnie Fink• Middle-class range: $34,076 to $102,230
• Median income: $51,115
• Metro-area population: 3 million
Miami, Florida: up to $102,724
Shutterstock• Middle-class range: $34,241 to $102,724
• Median income: $51,362
• Metro-area population: 6.1 million
Orlando, Florida: up to $104,770
Shutterstock• Middle-class range: $34,923 to $104,770
• Median income: $52,385
• Metro-area population: 2.4 million
See the rest of the story at Business Insider
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