More #Americans are moving into the #uppermiddleclass than ever - but some still don't feel wealthy
In 2024, about 31% of Americans were part of the upper #middleclass, up from about 10% in 1979. The AEI report classified a family of three earning $133,000 to $400,000 in 2024 dollars as upper middle class.
Entrenched inflation and higher prices on major necessities have pushed many families closer to the financial edge, or locked them out of homeownership.
https://www.msn.com/en-in/news/other/more-americans-are-moving-into-the-upper-middle-class-than-ever-but-some-still-don-t-feel-wealthy/ar-AA20e3jU