The Pew Research Center estimates that, from a global perspective, a family of four earning between $14,600 and $29,200 qualifies as middle class.[1]
However, those figures are more than 71 percent of the world’s population enjoy.
Fifteen percent live on less than $2 a day. Most, 56 percent, earn more than $2 daily but less than $14,600 annually.
The median household income in the U.S. reached $59,039 in 2016.[2]
Footnotes:
- Pew Research Center, "Are you in the global middle class? Find out with our income calculator," July 16, 2015
- United States Census Bureau, "Income, Poverty and Health Insurance Coverage in the United States: 2016," September 12, 2017
Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology. Columns published on Ballotpedia reflect the views of the author.
Scott Rasmussen is founder and president of the Rasmussen Media Group. He is the author of "Mad as Hell: How the Tea Party Movement Is Fundamentally Remaking Our Two-Party System," "In Search of Self-Governance," and "The People’s Money: How Voters Will Balance the Budget and Eliminate the Federal Debt." Read more reports from Scott Rasmussen — Click Here Now.
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