Pew Research Center study shows how much it takes to be considered ‘middle class’ in major cities, including Los Angeles

Los Angeles (KABC) — A new report shows the income needed to be considered “middle class” in major cities across the country.

of Pew Research Center It finds that the middle class has shrunk over the past 50 years, reporting more Americans entering the high-income or low-income brackets.

The study defines “middle class” as income between $47,000 and $141,000 per year. However, he said family size and location also determine status.

The “middle class” of Los Angeles, Long Beach and Anaheim is reportedly $165,000 for a family of three.

In Riverside, San Bernardino, Ontario, a family of three has to pay $154,000 to be considered “middle class.”

The study also shows that from 1971 to 2021, people aged 65 and over made the most significant progress up the income ladder.

Black and married men and women were also among the largest gainers, with a net increase of 12-14 percentage points.

To read the full report, click here.