Nationally, the median earning for households is $61,372, according to a recent report. But that number shifts from state to state. So what is it for Georgia?
The household median income for Georgians is $56,183, according to the 2017 American Community Survey, an annual U.S. Census Bureau study that examines economic data among Americans.
The figure is the 20th lowest among the rest of the states, Washington D.C. and Puerto Rico, but it’s an increase from last year when it was $53,559.
The shift means that the middle class income range for The Peach State is $37,643 to $112,366.
Why is the gap so wide?
According to the Pew Research Center, middle class individuals earn between 67 and 200 percent of the median income.
Lower-income citizens take home less than 67 percent of the median, which means they earn less than less than $37,643. Upper-income families pocket earnings that are more than double the median, which means they have incomes greater than $112,366.
Overall, the 2017 national median household income saw a 1.8 percent increase from the previous year, and it’s the highest it’s ever been.
Want to know the statistics for other areas? Take a look at the map of findings below, which shows the minimum household income required to be middle class.
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