what is the income level for lower middle class
American middle class Taking into account the percentages provided in the six-class model by Gilbert, as well as the model of Thompson and Hickey, one can apply U.S.Â Census Bureau statistics regarding income. According to these class models the lower middle class is located roughly between the 52nd and 84th percentile of society. In terms of personal income distribution in 2005, that would mean gross annual personal incomes from about $32,500 to $60,000.[21]
Poverty in Canada Currently, an income inequality measure known as low income cut-off (LICO) published by Statistics Canada is frequently used as a poverty rate and is 10.8% as of 2005.[9] The Central Intelligence Agency uses the LICO as the relative measure results in a higher poverty figure than an absolute one. The Fraser Institute, a conservative think-tank, alleges that the federal Canadian government exaggerates poverty rates, and publishes their own measure, known as the basic needs poverty measure. According to this measure, poverty has declined significantly over the past 60 years and is 4.9% as of 2004.[10][10] Statistics Canada has refused to endorse any metric as a measure of poverty, including the low-income cut off it publishes, without a mandate to do so from the federal government.