What is Middle Class Income in North Carolina?
In North Carolina, your annual income typically falls within a specific range, from $42,994 to $206,606, to be considered middle class. This depends on your family size. This article provides a detailed breakdown of these income ranges for various family sizes, from two-person households to families of seven. Keep in mind that other factors, such as the cost of living in your area, can also play a role in defining middle-class status.
Family Size: | Income Range: |
1-person family: | $42,994 to $128,342 |
2-person family: | $57,597 to $171,932 |
3-person family: | $67,067 to $200,202 |
4-person family: | $78,857 to $235,396 |
5-person family: | $80,160 to $239,286 |
6-person family: | $75,170 to $224,390 |
7-person family: | $69,213 to $206,606 |
Income By Age
Age | Income Range | Est. % |
15 to 24 years | $40,508 | 8.4% |
25 to 44 years | $82,358 | 36.9% |
45 to 64 years | $90,744 | 29.9% |
65 years and over | $56,319 | 24.8% |
Here’s a Quick Guide for Every Family Size: Curious to know about where your family fits in North Carolina’s economic system. Find your income range that defines your status.
Income Tier Calculator
Source: census.gov, justice.gov
What is Median Income in North Carolina?
According to data from justice.gov, The table below provides a breakdown of the median income for families ranging from one to four members.
Family Size | Median Income Range |
1-person family: | $64,171 |
2-person family: | $85,966 |
3-person family: | $100,101 |
4-person family: | $117,698 |
5-person family: | $119,643 |
6-person family: | $112,195 |
7-person family: | $103,303 |
Note: For each individual beyond a four-person family, an extra $9,900 is considered.