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Wisconsin households must make at least $26,319 to reach middle class, study finds

 

In Wisconsin, households must earn a minimum of $26,319 per year to be considered middle class, with the upper earnings boundary set at $108,377, according to a new 24/7 Wall St. analysis.

The total share of household income in Wisconsin controlled by middle-class earners is 48.4%, 24/7 Wall St. reports. In comparison, the share of income in the state controlled by the top 5% of earners was 20.8%.

To determine the income requirements of the middle class in each state, 24/7 Wall St. examined family income quintiles in the 2018 American Community Survey conducted by the U.S. Census Bureau. The website set the middle-class income range as between the lower limit of the second quintile and the upper limit of the fourth quintile, which covers six out of 10 Americans.

The middle class income range varies greatly by state, depending on the cost of living, the analysis found. In states where the threshold to move into the middle class is low, earnings across the board tend to be low and poverty rates higher, according to 24/7 Wall St. In addition, the distribution of income in such states is weighted toward the wealthy, the website found.


What Households Must Earn to Be in the Middle Class

State Household Income Range for Middle Class Median Family Income Middle Class Share of State’s Income Richest 5% Share of State’s Income
Alabama $17,807 – $91,778 $66,171 46.5% 21.8%
Alaska $35,383 – $151,683 $91,971 48.7% 19.7%
Arizona $26,486 – $116,748 $74,468 46.8% 21.8%
Arkansas $17,671 – $83,606 $62,387 45.6% 23.1%
California $36,996 – $187,706 $91,377 45.0% 23.4%
Colorado $34,860 – $150,014 $95,164 47.2% 21.8%
Connecticut $32,486 – $170,888 $101,272 43.8% 25.3%
Delaware $30,155 – $132,979 $87,148 47.9% 21.0%
Florida $26,023 – $117,719 $71,348 44.8% 24.1%
Georgia $23,948 – $114,234 $74,833 45.4% 23.3%
Hawaii $41,532 – $181,202 $96,462 49.0% 19.9%
Idaho $25,989 – $103,435 $72,365 48.3% 20.6%
Illinois $27,109 – $134,640 $87,771 45.7% 23.1%
Indiana $22,915 – $98,771 $73,876 46.9% 22.3%
Iowa $24,663 – $101,008 $78,152 48.1% 21.1%
Kansas $24,741 – $105,573 $79,006 47.5% 21.3%
Kentucky $18,602 – $90,740 $66,183 46.0% 23.1%
Louisiana $16,721 – $95,787 $65,105 45.1% 23.2%
Maine $25,701 – $111,898 $76,316 47.6% 20.9%
Maryland $39,143 – $177,970 $105,679 47.6% 21.0%
Massachusetts $32,233 – $188,259 $108,348 46.3% 22.4%
Michigan $23,816 – $107,001 $75,703 46.5% 22.1%
Minnesota $32,182 – $134,816 $93,584 48.0% 21.0%
Mississippi $15,165 – $81,480 $58,503 45.0% 23.4%
Missouri $21,672 – $99,280 $73,457 46.7% 22.2%
Montana $22,947 – $101,582 $73,014 46.8% 22.7%
Nebraska $25,928 – $105,225 $80,062 48.2% 20.8%
Nevada $26,762 – $116,795 $76,124 46.0% 23.9%
New Hampshire $36,598 – $154,617 $97,112 48.3% 20.4%
New Jersey $39,920 – $197,868 $105,705 45.8% 22.6%
New Mexico $18,986 – $96,249 $61,826 46.1% 22.0%
New York $30,797 – $176,842 $89,475 43.1% 25.8%
North Carolina $22,507 – $104,011 $72,049 45.7% 22.9%
North Dakota $25,187 – $110,509 $87,055 47.4% 21.8%
Ohio $22,023 – $100,589 $74,911 46.5% 22.3%
Oklahoma $20,466 – $94,811 $68,358 45.8% 23.3%
Oregon $29,412 – $130,639 $82,540 47.9% 20.7%
Pennsylvania $25,757 – $121,862 $81,075 45.8% 23.0%
Rhode Island $27,551 – $132,489 $89,373 47.3% 22.0%
South Carolina $21,583 – $102,365 $70,537 46.0% 22.7%
South Dakota $23,824 – $98,019 $76,826 48.4% 20.4%
Tennessee $21,573 – $98,679 $69,993 45.5% 23.5%
Texas $26,114 – $124,754 $76,727 45.7% 22.8%
Utah $34,588 – $128,053 $86,152 48.7% 20.9%
Vermont $28,151 – $123,878 $83,458 48.0% 20.7%
Virginia $32,507 – $156,063 $93,497 46.3% 21.7%
Washington $37,025 – $163,205 $94,709 46.9% 21.6%
West Virginia $17,452 – $85,516 $60,920 47.2% 21.3%
Wisconsin $26,319 – $108,377 $81,829 48.4% 20.8%
Wyoming $25,760 – $111,422 $79,946 49.1% 20.4%

Source: 24/7 Wall St.

 

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