![]() Some people, however, do experience upward or downward class mobility and an associated range of different life experiences. For this reason, classed experiences are separated from hard numbers below.Ĭlass is a much less mobile category than dominant narratives in the United States would have us believe. ![]() While income level often comes with many of the class patterns and cultures associated with it, this isn’t always true. For most people, the class we are raised in is the primary determining factor of what economic bracket we will stay within. These imprints deeply inform our ways of thinking and acting throughout life. The class we are raised in strongly shapes our values, beliefs, and expectations. While closely connected, class and money are not the same thing. Remaining states in the Top 10, ranked from largest decline in middle-income share after Montana, were Louisiana, Wisconsin, Michigan, Indiana, Ohio, Rhode Island, Iowa, California and Arizona.This resource will help you identify your class experience(s).Ĭlass is a system of power based on perceived social and economic status. Ten states showed a decline of 0.54 percentage points or more, again with Montana reporting the largest decline, at 1.0 percent. Census Bureau’s American Community Survey. The analysis looked at the decline in the share of aggregate household income earned by the middle fifth of households in each of 50 states from 2007 to 2016, using data from the U.S. The nation’s upper fifth of income earners now account for 51.6 percent of all income earned. households increased by 1.5 times the income growth of the middle fifth of households – and 2.7 times the income growth reported by the nation’s bottom fifth of households. Nationwide, the median income of the wealthiest fifth of U.S. economy is booming – with unemployment at a near 20-year low and median household income $7,500 higher than it was six years ago.īut the closer analysis revealed a shrinking American middle class and growing gap between the income of upper and middle classes. ![]() That figure fell to 3.6 percent by 2016.Ģ4/7 Wall Street emphasized that by several measures the U.S. ![]() The household income of Montana’s lower class accounted for 3.8 percent of the state’s total household income in 2007. Meanwhile, low-income Montanans' straits are even more dire than in 2007, according to the report. Other Montana cities have similar problems, and efforts to encourage affordable housing. In Missoula alone, that inability to afford housing has sparked a 10 Year Plan to End Homelessness, several affordable housing efforts, a new city housing office and this month’s effort to find rental houses for 40 homeless families.Īnd none of those efforts are specifically aimed at middle-income residents. “The share of households earning between $35,000 and $75,000 a year that spend more than 30 percent of their income on housing costs rose from 17.0 percent in 2007 to 21.9 percent in 2016 - the fourth largest increase in the country.” “The cost of the typical home in Montana rose 27.8 percent over the past decade, the sixth most of any state,” the analysis showed. That’s a sign of increasing income disparity, and makes housing less and less affordable not only for lower-income Montanans but for an ever-larger group of middle-income earners. Look at the increasing cost of real estate across the state, the study’s authors wrote. “The median income of the top fifth of households (in Montana) rose by 29.6 percent from 2007 to 2016, nearly twice the 15.2 percent income growth experienced by the middle class – nearly the largest differential of any state.”īesides the obvious and increasing income disparities, the gap between Montana’s middle and upper class manifests itself in other, onerous ways. “Like the nation as a whole, the shrinking of the middle class is likely due to the rapid income growth among the upper class,” the report said. Meanwhile, Montana’s upper class made significant gains in household income.
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