What is Middle Class?
Defining the middle class can be tricky. Generally, it refers to the group of people between the upper and lower classes. Think of professionals, skilled workers, and business owners. In the US, households often fall into the middle-class category if they earn between 75% and 200% of the national median income.
But here’s the thing: what’s considered “middle class” changes depending on where you live. Cost of living, average incomes, and the overall economy all play a role. So, that middle-class income range in one state might look completely different in another.
What is Middle-Class Income in Texas?
How much you should make a year to be considered as a middle class in Texas, take a clear look at the income levels that define the middle class in the state. For families in Texas, being part of the middle class means earning between $44,975 and $170,782 annually, depending on family size. This article provides a detailed picture of these income ranges for different family sizes, from two-person households to families of four.
Here’s a Quick Guide for Every Family Size:
| Family Size: | Income Range: |
| 2-person family: | $44,975 to $134,254 |
| 3-person family: | $49,410 to $147,494 |
| 4-person family: | $57,212 to $170,782 |
Source: GoBankingRates
Income Tier Calculator
What is Median Income in Texas?
According to data from justice.gov, This table below provides a breakdown of the median income for families ranging from one to four members in Texas.
| Family Size | Median Income Range |
| 1-person family: | $55,441 |
| 2-person family: | $74,636 |
| 3-person family: | $80,733 |
| 4-person family: | $93,386 |
The latest figures from the US Census Bureau show that the median household income in Texas sits at $73,035. This means that half of Texas households bring in less than this amount, and the other half brings in more. In comparison, the per capita income in Texas is $37,514. It’s worth noting that 14.0% of Texans live below the poverty line.
Looking at neighboring New Mexico, we see a slightly different economic picture. The median household income there is lower at $58,722, and the per capita income is also lower at $32,667. New Mexico also has a higher poverty rate of 17.6%. This comparison highlights the economic variations that can exist between neighboring states.
