How much money does it take for a household to be considered middle class? A new study shows that the bar is pretty high if you live in Maryland.
GOBankingRates found that Marylanders required the most money – a median household income of $101,652 – to be considered middle class.
The lowest end of middle class income, $67,768, was also the highest of all 50 states. And on the other end of the spectrum, $203,304 is the highest end of middle class income in Maryland.
The personal finance site analyzed data from the 2023 American Community Survey as conducted by the U.S. Census Bureau, then found the middle class income for each state.
Click here to read the rest of the article written by Elissa Salamy over at Fox 5 DC
