Are you in the global middle class? Find out with our income calculator
17% of the global population could be considered middle income in 2020. Most people were either low income (51%) or poor (10%).
17% of the global population could be considered middle income in 2020. Most people were either low income (51%) or poor (10%).
Income inequality nearly doubled among Asians in the U.S. from 1970 to 2016. Sizable income gaps persist across racial and ethnic groups, a new study finds.
The charts below show the distributions of white, black, Hispanic and Asian adults in the U.S. by their incomes in 1970 and 2016.
The gap in the standard of living between Asians near the top and the bottom of the income ladder nearly doubled from 1970 to
2016. Amid rising inequality overall, Asians displaced blacks as the most economically divided major U.S. racial or ethnic group.
In the U.S., the racial and ethnic wealth gap has evolved differently for families at different income levels since the Great Recession.
The unemployment rate for U.S. Hispanics hit 4.7% in the second quarter of 2017. However, U.S. Latinos have not fully recovered from the Great Recession.
The American middle class is smaller than middle classes across Western Europe, but its income is higher.
As part of a new study, Pew Research Center designed income calculators to help you determine where you fit on the income ladder in Western Europe.
The fortunes of the middle classes across Western Europe are moving in different directions. Some nations are experiencing both growing incomes and expanding middle classes, while other nations are witness to stagnant or declining incomes and shrinking middle classes, a new Pew Research Center analysis of 11 Western European countries has found. But in a few other countries studied, the middle-class shares are decreasing even as incomes overall are rising.
From 1991 to 2010, the middle class expands in France, the Netherlands and the United Kingdom, but, as in the United States, shrinks in Germany, Italy and Spain