The 15 best states for America's middle class, ranked
For the purposes of this study, SmartAsset considers middle class household earnings to be between $35,000 and $100,000. The results show that the middle class is the strongest in the Midwest. In fact, seven of the top 15 states on the list are in the Midwest.
In order to compile the final ranking, SmartAsset looked at seven factors in all 50 states and the District of Columbia and weighted them equally. These factors include: the percentage of households in the middle class in a given state, the change in median household incomes from 2014 to 2018, the median home value, the homeownership rate, the statistical measurement of income inequality, and job growth from 2014 to 2018 in jobs that earn an average annual income between $30,000 and $70,000. 15.
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