Salary and Wage
There has been a great deal of effort put into defining the different classes in the United States. One of the most popular ways by which the country tries to make this distinction is based upon the salary information that it collects each year. The idea is that with this salary information, there can be conclusions reached as to what exactly is lower class, middle class, and the upper class. Then by further dissecting the salary and wage information, there will be an attempt to see who falls within these class brackets. To date, the salary information that has been collected, has arguably allowed the upper class, as well as the lower class groups to be defined, but based on the salary information that has been tabulated, it is often quite difficult to reach an agreement as to who the middle class are. There are so many instances in which the salary and wage information of the country have been studied, but there is no solid conclusion that is agreed upon. The salary and wage information shows such a gap between those that are considered to be of the lower and upper income raising bracket, that is hard to decipher what the middle class is, based on the salary information that is reviewed.
The salary and wage information that has been tabulated has indicated what is considered to be legally impoverished in the United States. The salary and wage information shows that those that are considered to be legally poor have an average income of about $15,400.00 The salary and wage information shows that for the one person household earning an income of $10,000 or less, the household is considered to be impoverished. The salary and wage information indicates that for a two person household, an income of $13,000 or less, is deemed impoverished. The salary and wage information states that if a three person household receives an income of $16,000 or less, they are considered to be impoverished. The salary and wage information also indicates that for a household of four that has an income of $21,000 or less, they are considered to be impoverished.
The salary information has made its attempt at creating a class income grouping for those that are believed to fall within the middle class. The salary information considers the middle class to be anywhere from $25,000 to $100,000. Due to the large gap in the findings of the salary information, there are some that have taken on their own opinions as to what is considered to be middle class, based on the figures that have been drawn. The salary and wage information also made its reporting on those that are considered to be in the upper tier of the economic food chain. The salary information has indicated an average figure for those that are deemed to fall within this rank is more than $101,000, on average.