News
Middle Class Shrinking In America's Major Metropolitan Areas
A just-released analysis by Pew Research Center shows the same depressing trend continued from last year: the American middle class is getting smaller.
Pew reports the percentage of adults living in middle-income households fell in 203 of the 229 metropolitan areas they surveyed. The decline was often significant, with an average of 4% nationally and 6% or more in 53 metros.
Of the 381 "metropolitan statistical areas" as defined by the US government, the study dealt with 229, which is the maximum number of areas with available Census Bureau Data from 2000 to 2014.
