Here's the minimum annual income required to be middle class in Georgia (2024)

FAQs

Here's the minimum annual income required to be middle class in Georgia? ›

As of 2022, $65,641 is the lowest household income that qualifies you to be considered middle class in the state. In Georgia, the 2012 middle-class income range of $33,069 to $99,208 has increased 43.85 percent to $47,570 to $142,710 in 2022.

Georgia's middle class income

So, what is the minimum annual income required in 2023 for a family of four to be middle class in Georgia? According to the numbers, you would have to make $65,364 to be considered middle class in the Peach State.

In 2012, a household income of $35,364 qualified you as a member of the middle class in the U.S.; in 2022, $50,099 was the lowest minimum household income threshold,” Go Banking Rates lead writer, Gabrielle Olya, wrote in the report. The complete study can be found here.

Many have graduate degrees with educational attainment serving as the main distinguishing feature of this class. Household incomes commonly exceed $100,000, with some smaller one-income earners household having incomes in the high 5-figure range. "The upper middle class has grown...and its composition has changed.

Georgia: Average Salary

The average salary in Georgia is $48,741 per year or $23.43 per hour. Entry level positions start at $36,611 per year while most experienced workers make up to $145,163 per year.

With New Jersey ranking as the top state to make the most money to be considered middle class, other states ranking in the top five requiring salaries exceeding $50,000 to be in this category include Maryland ($63,321) and Massachusetts ($62,986), Hawaii ($61,633) and California ($61,028).

Where you rank by income. According to the Census Bureau's Income in the United States: 2022 report, the median household income is $74,580 (a 2.3% decline from 2021), while household income levels for each class level are as follows: Lower class: less than or equal to $30,000. Lower-middle class: $30,001 – $58,020.

In general, yes. A $75k salary is more than what half of U.S. workers earn, and depending on where you live and your expenses, may be more than enough to live comfortably.

What is a livable salary in Georgia? ›

In 2022, the per capita personal income in Georgia was 56,589 U.S. dollars.

In a large U.S. city, a middle-class income averages between $52,000 and $155,000. The median household income across all 345 cities is $77,345, making middle-class income limits fall between $51,558 and $154,590.

As of 2022 (the most recent Census data), the average median household income in the U.S. was $73,914, meaning the national range for the middle class is roughly $49,271 to $147,828. Across the nation's largest cities, the range is between $51,558 and $154,590, according to SmartAsset.

One way some researchers divide individuals into economic classes is by looking at their incomes. From that data, they split earners into different classes: poor, lower-middle class, middle class, upper-middle class and wealthy.

If you make $75,000 a year living in the region of Georgia, USA, you will be taxed $18,835. That means that your net pay will be $56,165 per year, or $4,680 per month.

You also need an annual household salary of at least $50,000 to be considered middle class in 17 other states, including California, New York, Oregon, Washington, Utah and Hawaii. In California, the difference is $122,000, from a salary of $61,028 on the lower end to $183,102 on the upper end.

As of 2022 (the most recent Census data), the average median household income in the U.S. was $73,914, meaning the national range for the middle class is roughly $49,271 to $147,828. Across the nation's largest cities, the range is between $51,558 and $154,590, according to SmartAsset.