How Much Money is Considered "Middle Class" in Minnesota?

What does it take to be 'Middle Class' in Minnesota? The results are a bit surprising.

According to a study from Go Banking Rates, here's what it takes to be "Middle Class" in the Land of Ten Thousand Lakes:

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Minnesota

2-person family middle-class income range: $50,252.01 to $150,006
3-person family middle-class income range: $60,824.61 to $181,566
4-person family middle-class income range: $72,837.71 to $217,426

How does that compare to neighboring states? Take a look at the results from South Dakota, Wisconsin, and Iowa:

South Dakota

2-person family middle-class income range: $44,333.90 to $132,340
3-person family middle-class income range: $49,529.08 to $147,848
4-person family middle-class income range: $57,928.87 to $172,922

Wisconsin

2-person family middle-class income range: $44,306

2-person family middle-class income range: $46,216 to $137,958
3-person family middle-class income range: $55,882 to $166,812
4-person family middle-class income range: $66,791 to $199,376

Iowa

2-person family middle-class income range: $44,792.18 to $133,708
3-person family middle-class income range: $51,367.56 to $153,336
4-person family middle-class income range: $61,254.08 to $182,848

As you can see, becoming 'Middle Class' in South Dakota is considerably easier than in Minnesota. As for Iowa, it's neck and neck with Wisconsin and the Mount Rushmore State, although in Iowa it takes slightly more income to become 'Middle Class'.

In fact, South Dakota is also considered one of the easiest states to become 'Middle Class' in the entire country. But what if you want to lift yourself into the 'Upper Class'? South Dakota falls a little short in that category, it appears.

To see the full list of what it means to be 'Middle Class' in each of the 50 states, check out this study from Go Banking Rates.

Story Source: Go Banking Rates

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