How Much You Need To Be Middle Class in These 14 East Coast States
Each of the states along the East Coast glisten with their own unique charm. They beam with economic opportunities, gorgeous scenery and more. Despite their vast differences, the states have one thing in common: middle class earners need more to live there than in many other states.
Learn More: Here’s How Much the Definition of Rich Has Changed in Every State
Try This: 5 Unusual Ways To Make Extra Money (That Actually Work)
GOBankingRates set out to find how much money you need to be considered middle class on the East Coast by using data from the 2022 American Community Survey conducted by the U.S. Census Bureau.
Read on to see how much you need to lead a middle-class life in these 14 East Coast states, which are listed from most to least expensive.
Maryland
Median household income: $98,461
Lowest end of middle class income: $65,634
Highest end of middle class income: $196,922
Read Next: Net Worth for US Families: How To Tell if You’re Poor, Middle Class, Upper Middle Class or Rich
Find Out: How Much Household Income Will Be Considered Upper Middle Class in 5 Years?
New Jersey
Median household income: $97,126
Lowest end of middle class income: $64,744
Highest end of middle class income: $194,252
Check Out: The 50 Happiest States in America and How Much It Costs to Live There
Massachusetts
Median household income: $96,505
Lowest end of middle class income: $64,330
Highest end of middle class income: $193,010
New Hampshire
Median household income: $90,845
Lowest end of middle class income: $60,557
Highest end of middle class income: $181,690
Connecticut
Median household income: $90,213
Lowest end of middle class income: $60,136
Highest end of middle class income: $180,426
Trending Now: A $150K Income Is ‘Lower Middle Class’ In These High-Cost Cities
Virginia
Median household income: $87,249
Lowest end of middle class income: $58,160
Highest end of middle class income: $174,498
New York
Median household income: $81,386
Lowest end of middle class income: $54,252
Highest end of middle class income: $162,772
Rhode Island
Median household income: $81,370
Lowest end of middle class income: $54,241
Highest end of middle class income: $162,740
Explore More: How Much Does the Average Middle-Class Person Have in Savings?
Delaware
Median household income: $79,325
Lowest end of middle class income: $52,878
Highest end of middle class income: $158,650
Georgia
Median household income: $71,355
Lowest end of middle class income: $47,565
Highest end of middle class income: $142,710
Maine
Median household income: $68,251
Lowest end of middle class income: $45,496
Highest end of middle class income: $136,502
Be Aware: In Less Than a Decade, You Won’t Be Able To Afford Homes in These ZIP Codes
Florida
Median household income: $67,917
Lowest end of middle class income: $45,273
Highest end of middle class income: $135,834
North Carolina
Median household income: $66,186
Lowest end of middle class income: $44,120
Highest end of middle class income: $132,372
South Carolina
Median household income: $63,623
Lowest end of middle class income: $42,411
Highest end of middle class income: $127,246
Methodology: For this piece, GOBankingRates used the 2022 American Community Survey as conducted by the U.S. Census Bureau to isolate the median household income of all East Coast states (CT, DE, FL, GA, MA, MD, ME, NC, NH, NJ, NY, RI, SC and VA). Once those figures were found, GOBankingRates was able to determine middle-class income of the state under the definition that middle-class income is two thirds to double the income of a given area. All data was collected and is up to date as of May 6, 2024.
More From GOBankingRates
This article originally appeared on GOBankingRates.com: How Much You Need To Be Middle Class in These 14 East Coast States
