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  • Mar, 2012

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    Income Level to be Middle Income

    Q. What annual income level would you say was “middle income” for a single person?

    What annual income level would you say was “middle income” for a family of 2 parents and 2 children?

     

    Single Person

    Family

     

    Total

    Income under $1,000pw

    Income $1,000 – $1,600pw

    Income $1,600+

    Total

    Income under $1,000pw

    Income $1,000 – $1,600pw

    Income $1,600+

    Less than $40,000

    6%

    13%

    4%

    1%

    1%

    3%

    $40,000-$59,000

    31%

    35%

    34%

    28%

    7%

    14%

    5%

    2%

    $60,000-$79,000

    38%

    32%

    41%

    47%

    21%

    27%

    25%

    15%

    $80,000-$99,000

    15%

    12%

    14%

    17%

    28%

    26%

    33%

    29%

    $100,000-$119,000

    3%

    2%

    4%

    3%

    20%

    14%

    21%

    26%

    $120,000-$149,000

    1%

    1%

    1%

    1%

    11%

    9%

    8%

    17%

    $150,000-$199,000

    *

    1%

    5%

    2%

    4%

    10%

    $200,000 or more

    *

    1%

    1%

    Don’t know

    5%

    5%

    2%

    1%

    5%

    5%

    3%

    1%

    median

    $66,000

    $60,000

    $65,000

    $69,000

    $94,000

    $83,000

    $92,000

    $103,000

    69% of respondents think that “middle income” for a single person is between $40,00 and $79,000 a year. 38% think it is $60,000-$79,000.

    80% of those earning under $1,000 pw think “middle income” for a single person is less than $80,000, while those on more than $1,600 pw are most likely to think it is $60,000-$79,000 (47%). The median (average) income for “middle income” for a single person is $66,000.

    Estimates are more broadly spread when it comes to “middle income” families – 69% think it would be between $60,000 and $119,000. 65% think it would be at least $80,000. The median (average) income for “middle income” for a family is $94,000.

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