As of Aug 3, 2022, the average annual pay for the Lower Middle Class jobs category in Phoenix is $52,878 a year. Just in case you need a simple salary calculator, that works out to be approximately $25.42 an hour. This is the equivalent of $1,017/week or $4,407/month.
What is considered middle class in Arizona?
The middle class is usually defined as the group of earners in the center of the earning scale.
How much you have to earn to be middle class in every state.
| State | Middle-class income | Median household income |
|---|---|---|
| Arizona | $61,699 | $62,055 |
| Delaware | $60,015 | $70,176 |
| Montana | $59,496 | $57,153 |
| Minnesota | $58,903 | $74,593 |
What is considered upper class in Arizona?
While ZipRecruiter is seeing salaries as high as $100,061 and as low as $19,524, the majority of salaries within the Upper Class jobs category currently range between $37,584 (25th percentile) to $65,406 (75th percentile) with top earners (90th percentile) making $81,025 annually in Arizona.
What is a liveable salary in Phoenix?
Living Wage Calculation for Phoenix-Mesa-Scottsdale, AZ
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Living Wage | $17.55 | $26.35 |
| Poverty Wage | $6.19 | $7.46 |
| Minimum Wage | $12.80 | $12.80 |
What is the average household income in Phoenix AZ?
$60,914
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 26.2 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $60,914 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $31,427 |
What is middle class in Phoenix AZ?
In Arizona, any family earning between $32,501 and $97,020 per year falls under Pew’s definition of “middle class.”
What salary is upper class?
In 2021, the median household income is roughly $68,000. An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.
What salary is considered rich in Arizona?
But what does it take to truly be considered “rich” in Arizona? According to Business Insider, Arizona residents need to make at least $107,120 each year to be considered “upper income” or “rich” — a far cry from the state’s median annual household income, which was $35,880 in 2016.
What is the top 5% income in Arizona?
Arizona
- Average top 5% income: $328,778.
- Lower limit of top 5%: $195,113.
What is a high salary in Arizona?
While ZipRecruiter is seeing salaries as high as $149,361 and as low as $20,500, the majority of salaries within the Average jobs category currently range between $48,322 (25th percentile) to $73,215 (75th percentile) with top earners (90th percentile) making $97,621 annually in Arizona.
What is a good wage in Phoenix?
The average salary in Phoenix is $50,474. A good hourly wage in Phoenix is $20.19 per hour. That works out to a good weekly wage of $807 per week and a good monthly wage of $3,500 per month. However, using the median income is only one way to calculate a good salary in Phoenix.
What is a living wage in Phoenix 2022?
§ 23-363(B), Arizona’s minimum wage will increase from $12.15 to $12.80 effective January 1, 2022. The 65 cent increase in minimum wage is based on the increase in inflation between August 2020 and August 2021, as published in the U.S. Bureau of Labor Statistics’ Consumer Price Index.
Is it cheaper to live in Texas or Arizona?
Which state is more affordable? In short, Texas. The cost of living index and median housing prices are lower in Texas than in Arizona, but that also depends on the neighborhood you are in.
What is the poorest city in Arizona?
South Tucson is the poorest town in Arizona and one of the poorest towns in the United States. The typical South Tucson household earns just $21,160 a year, less than half the median annual household income of $53,510 across Arizona as a whole.
What is the median income in Arizona for a married couple?
Women in the States
| Median Household Income by Household Type and State, 2013 | ||
|---|---|---|
| Married Couple Families | ||
| Alabama | $71,000 | $62,500 |
| Alaska | $94,300 | $92,300 |
| Arizona | $70,000 | $65,730 |
What is the cost of living in Phoenix?
Phoenix cost of living is 103.7
| COST OF LIVING | Phoenix | Arizona |
|---|---|---|
| Grocery | 97.3 | 96.1 |
| Health | 92.2 | 95.2 |
| Housing | 103.5 | 107.8 |
| Median Home Cost | $346,100 | $349,300 |
What is the average annual income in Arizona?
Table
| Population | |
|---|---|
| Transportation | |
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 25.8 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $61,529 |
What qualifies as middle class?
So who is in the middle class? Broadly, Pew Research Center defines middle-class households as making two-thirds to double America’s median income. That adds up to an income range of about $30,000 to $90,000 for single Americans in 2020 dollars.
What is middle class for a single person?
The Pew Research Center has put a financial definition to the term “middle income.” To be considered part of that group in 2021—which is synonymous with middle-class, according to Pew—a single American must have earned $30,003 to $90,010, according to a new set of reports released Wednesday.
How many Americans make over $100000 per year?
The individual annual income of 24% of Americans exceeded $100,000 in 2020. The annual income of 34% of American households exceeds $100,000. In the five years to 2022, American households earning over $100,000 a year increased by 4.1%.
Are doctors High class?
The upper-middle-class usually evolves out of people from the middle-class tier who are particularly resourceful or who achieve higher levels of education than the rest of the middle class. Examples of these people in today’s society are doctors and lawyers.