Middle Class Shrinking In America's Major Metropolitan Areas

A just-released analysis by Pew Research Center shows the same depressing trend continued from last year: the American middle class is getting smaller.

Pew reports the percentage of adults living in middle-income households fell in 203 of the 229 metropolitan areas they surveyed. The decline was often significant, with an average of 4% nationally and 6% or more in 53 metros.

Of the 381 "metropolitan statistical areas" as defined by the US government, the study dealt with 229, which is the maximum number of areas with available Census Bureau Data from 2000 to 2014.

Continue reading this story with a free account

Log in or register
Related Topics: Pew Research Center
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Democrats Win Congress As America's Data Center Backlash Hits The Ballot Box

U.S. Hotel RevPAR Surges 7% In Q3, But Expect Easing From Here

Stock Sell-Off, Bond Market Jitters Signal Financing Trouble For AI Data Centers

Starwood Launches Residential Land JV Targeting $1B In Annual Originations

RealPage Antitrust Case Ends With Nearly $360M In Settlements For Renters

ZOM Living Entity Files For Bankruptcy To Fund Fight To Overturn $323M Judgment

How Colliers Engineering Helped A Struggling Dam Move To The Head Of The Class

Real Estate's Bottom Rung Is Getting Harder To Reach — And Now It Wants AI Skills

OpenAI Plans Data Center Rebrand To Make Projects Palatable To Voters

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

Brookfield, CPP Complete $5.2B REIT Buyout, Pick Up U.S. Logistics Assets

Metropolis Is Bringing AI To The Parking Experience, And Property Owners Are Taking Notice