It took a minimum of about $62,000 for a household to be considered middle class in the Miami metro area, according to a recent report by ConsumerAffairs.
In the Miami-Fort Lauderdale-West Palm Beach metro, the minimum income for an “average household” to be middle class was $62,103, reads the Oct. 7 report, while the maximum was $186,310. The report further breaks down the income thresholds for households of varying sizes — for instance, the minimum middle-class income for a household of one person was $39,278 in the area, while the maximum was $117,833.
In Miami, “nearly four in 10” households “fall below the middle-class threshold,” which is the “fourth-highest share” among the 100 large metro areas that ConsumerAffairs analyzed. In Florida at large, the minimum income to be middle class was $56,260, while the maximum income to be middle class was $168,780…