A gap of at least $40,000 sits between the high end of the middle class and the low end of the top 5%, according to a new study from GOBankingRates.
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Why the middle class is slowly getting wiped out

The story of the American middle class is no longer a simple tale of steady paychecks and predictable progress. Across ...
Does your annual salary place you among the lower-middle class? It depends on the state you live in, according to GOBankingRates data. The minimum income threshold for the lower-middle class in states ...
Upper-middle-class status has always been a moving target, but in 2025 the bar has shifted higher and become more dependent on where you live. A salary that once felt aspirational can now be barely ...
Though terms like these can’t fully encapsulate people’s specific financial realities, they can be useful. The differences between how the lower middle class and upper middle class are living can ...
There's a lot of variation within each group. The top 5% of earners, for example, bring in $295,000 or more per year. That's nearly 10x what someone in the lowest quintile earns annually. It's also ...
The true middle class has shrunk in recent years. While many people still classified as “middle class” are experiencing a slight shift in incomes, others are being pushed into poverty by basic ...
A Business Insider analysis finds varying income levels between states that qualify as middle class, lower class, and upper class.
Corrections & Clarifications: An earlier version of this story misspelled Jeremy Horpedahl's name. America’s middle class is spooked about the economy. Consumer confidence has been falling for most of ...
While there are a number of lifestyle choices and mindsets that play a role in keeping lower-class households living in financial uncertainty, the state of the current economy — riddled with wealth ...
DENVER (KDVR) — Living in Colorado isn’t known to be cheap, with what it takes to have a “middle class” income in the state rising more than most. In several Colorado cities, however, even the ...