Do you think you are a middle class American? Most of us probably think that we ARE “middle class”. Now you can find out exactly what “class” you fall into compared to the rest of Americans.
The Pew calculator uses government data in its analysis and asks things such as your home state, gross household income, number of people in household etc. to make a determination. It then compares your data with others in your area, age and income range.
The Pew’s study suggest that the middle class households are falling behind the wealthier. The analysis shows that nearly 52% of American households were middle class in 2016, however based on previous studies it appears the middle class has been slowly shrinking since 1971, giving way to the wealthier.
So, try it out for fun and see where you rank. It may just surprise you.