Income range for middle class

The income range for the middle class varies greatly depending on the country and location. In the United States, the middle class is generally defined as households with an annual income between $35,000 to $100,000, but this can vary based on factors such as regional cost of living and family size. In other countries, such as India, the middle class may have a much lower income range due to a lower cost of living. Generally, the middle class represents a significant portion of the population and is associated with stability, comfort, and access to certain luxuries and opportunities.

This mind map was published on 24 April 2023 and has been viewed 55 times.