23 U.S. cities where you can earn $150,000 and still be considered middle class (via CNBCMakeIt)
For most Americans, a $150,000 annual salary is a lot of money: 80% of U.S. households earn less, according to 2021 Census Bureau data.
A family making that much would be considered above middle class nationally, according to the Pew Research Center's definition of the term: a household earning between two-thirds and double their area's median household income.Census Bureau income dataBut $150,000 is still a middle-class income by Pew's definition in nearly half of the country's 50 most-populated metropolitan areas, where incomes tend to be high.
Areas with higher incomes also tend to have higher costs of living. A $1,000 increase in median earnings is associated with a 1% increase in local cost of living, according toIn other words, salary comparisons aren't necessarily apples to apples: $150,000 may go a lot further in Atlanta than in Denver, for example.Other quantitative factors such as the size of the household, educational attainment and whether a home is rented or owned can impact a household's standing.
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