MONEY

USA FACTS
 

Middle-class wealth has grown, shrunk, and grown again over the years, reaching a record $499,000 in 2022. By Q2 (April, May, and June) of last year, the average middle-class household had $472,000 in wealth. That's $12.5 trillion for the entire middle class, or 8% of all household wealth.  

As of 2022, average middle-class households earned between $58,000 and $96,000 annually. 

Middle-class wealth is primarily tied to real estate (37.8% of average household assets) and retirement savings (19.8%). In comparison, higher-income households have more business equity and financial investments. 

Debt patterns also vary: households in lower-income brackets had more credit debt, while higher-income groups had more mortgage debt.