What it means to be middle class today

"The National Low Income Housing Coalition released a report in March stating that affordable rent is becoming harder to find for many households across the country. It found that a full-time worker needs to earn $18.92 an hour to afford a two-bedroom rental without spending more than 30 percent of income toward rent."
"One helpful yardstick to judge whether you're middle class: Median household income was $51,017 in 2012, according to the most recent U.S. census data. Robert Reich, a professor of Public Policy at the University of California-Berkeley and former Secretary of Labor, has suggested the middle class be defined as households making 50 percent higher and lower than the median, which would mean the average middle class annual income is $25,500 to $76,500."

    8Theresa Gould
    Interesting. I would have thought the middle class income low end would have been higher. It's based on a family of four though usually, right?
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