How much money do you need to make in Missouri to be middle class? New study lists range

Published On:
How much money do you need to make in Missouri to be middle class? New study lists range

Who actually makes up Missouri’s middle class? A new study discovered a dividing line between states in the United States, and some may be surprised to learn they are considered upper-middle class.

The finance website GoBankingRates calculated how much a single person’s salary must be to be considered middle class in Missouri. The finance website based its information on median household income, total population, and households on data from the United States Census American Community Survey, the most recent of which was released in 2023.

Using the Pew Research Center’s definition of middle class, which is “two-thirds to double the median income,” here’s how much you need to earn to be middle class in Missouri.

Middle class in Missouri

According to GoBankingRates, the income required to be middle class in Missouri varies from that required in other states. The range is approximately $100,000.

The middle class income range in the state is $45,947 to $137,840, with a typical household income of $68,920.

According to GoBankingRates, Missouri’s upper middle class income begins at $107,209.

Here’s how neighboring states compare to Missouri.

Kansas

  • Median household income: $72,639
  • Middle-class income range: $48,426 to $145,278
  • Upper-middle class income begins: $112,994

Iowa

  • Median household income: $73,147
  • Middle-class income range: $48,765 to $146,294
  • Upper-middle class income begins: $113,784

Illinois

  • Median household income: $81,702
  • Middle-class income range: $54,468 to $163,404
  • Upper-middle class income begins: $127,092

Oklahoma

  • Median household income: $63,603
  • Middle-class income range: $42,402 to $127,206
  • Upper-middle class income begins: $98,938

SOURCE

Leave a Comment