Tuesday, March 6, 2012

The American Working, Middle and Upper Classes By Income

The working class pulls in about $2 trillion annually and includes all earned compensation up to $45,000 per year. This group forms the broad base of the American people, numbering nearly 107 million strong, or 71 percent of all workers in 2010.

The middle class also pulls in about $2 trillion annually and includes all compensation from $45,000 up to $100,000 per year. This group is represented by 34 million individuals, or 23 percent of all workers in 2010.

The upper class, too, pulls in about $2 trillion annually and includes all compensation from $100,000 to $50 million and beyond! 9 million individuals represent this group, which is just 6 percent of all workers in 2010.