Do you consider yourself middle class? Most people do as they don't think they are rich enough for upper class and most people don't want to say they are lower income, so middle class it is. What actually is the middle class?

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The Pew Research Center defines middle class, or middle-income households, as those with incomes that are two-thirds to double the U.S. median household income.

The cost of living and average income varies so widely from state to state, the income needed to be "middle class" in one state could be much more or less than what it takes to be middle class in another.

Photo by Jason Goodman on Unsplash
Photo by Jason Goodman on Unsplash
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GOBankingRates analyzed data to determine how much two-, three- and four-person families need to earn in every state to qualify as middle class.

How Much Income Do You Need in Michigan To Be Considered Middle Class

  • 2-person family middle-class income range: $42,701 to $127,466
  • 3-person family middle-class income range: $51,221 to $152,898
  • 4-person family middle-class income range: $62,640 to $186,98

The median average income in Michigan is $59,584. The cost of living in Michigan is 7.7% less expensive than the US average.

Photo by Nathan Dumlao on Unsplash
Photo by Nathan Dumlao on Unsplash
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How Middle Class Is Michigan?

About 53 percent of Michigan adults fit the definition of middle class according to an analysis by the Pew Research Center. About 18% of Michigan adults are upper class, by Pew's definition, and 29% are in low-income households.

Photo by Hillshire Farm on Unsplash
Photo by Hillshire Farm on Unsplash
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Is The Michigan Middle Class Growing?

In 2020, U.S. national median household income fell by 2.9% compared to the previous year, the first time since 2011. Last year’s decline in median household incomes came thanks to the pandemic, which took jobs in the retail and hospitality industries.

Last summer, Governor Gretchen Whitmer laid out a $2.1 billion proposal to grow Michigan’s middle class, support small businesses, and invest in communities by tackling several underlying issues.

Over the past 2 years, the median income of Michiganders grew slightly from $56,697 to $59,584, a 5.09% increase.

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A look at the highest-paying jobs in Michigan for 2021 according to data obtained by career resource website, Zippia.

 

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