If you consider yourself middle-class but don’t feel as wealthy as you thought you would when you reached that status, you’re not alone.
For one thing, the range between the upper and lower boundaries of the middle class is fairly steep. In every U.S. state, the upper limit exceeds $100,000. As always, the cost of living in your state can affect what kind of lifestyle you can afford as a member of the middle class.
A new analysis published by SmartAsset relies on Pew Research’s definition of being middle class: a household with two-thirds to double the median household income. By that standard, you can be middle-class in Massachusetts with an income ranging from $66,565 to $199,716 – an upper limit of $11,000 higher than in the previous report. The state’s median income is $99,858. This year, Massachusetts overtook New Jersey as the priciest state for middle-class living.
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