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Factoid of the Day Tuesday, April 7, 2026
The American Enterprise Institute reported that 31.1% of U.S. households earned enough to be considered "upper-middle class" in 2024, up from just 10.4% in 1979. Calendar year 2024 marked the first time in U.S. history where more households were above the "core middle class" threshold (34.8%) than below it (34.5%). For comparison, the share of families that were considered "lower-middle class" declined from 24.1% in 1979 to 15.8% in 2024, while those considered "poor or near poor" plummeted from 29.7% in 1979 to 18.7% in 2024.
 

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