In Indiana, being considered middle class is primarily defined by a specific household income range. For residents of the Hoosier State, the middle-class income range falls between $44,782 and $134,346.
Understanding Indiana's Middle-Class Income Thresholds
The concept of "middle class" is often tied directly to income, which can vary significantly by state due to differing costs of living and economic landscapes. In Indiana, these thresholds are established to reflect the state's median household income, providing a clear financial benchmark for what constitutes middle-class earnings. Generally, the middle-class income is defined as an income that is between two-thirds (67%) and double (200%) of the state's median household income.
Here's a clear breakdown of the income range considered middle class in Indiana:
| Income Tier | Annual Household Income Range |
|---|---|
| Middle Class | $44,782 to $134,346 |
This range encompasses households that are positioned within the economic middle, balancing between lower-income brackets and higher-income, affluent segments of the population. While income is a fundamental determinant, broader definitions of social class might also consider factors such as education, occupation, and accumulated wealth. However, for a precise financial understanding, these income figures are the primary indicator.
