Idaho Has Largest Middle Class in US, Ranks #2 in 'Best States for the Middle Class'!
Idaho has the largest middle class in the United States and ranks second in the nation for middle-class Americans, according to SmartAsset's annual "Best States for the Middle Class" study issued in November and reported on by CNBC.
The 2019 ranking is a step up for Idaho, which tied for fourth in the previous year's study.
"Idaho has the largest middle class of any state and has seen the largest increase in middle class jobs," the study notes. "In 2018, 48.8% of households had annual incomes between $35,000 and $100,000, which is 1.5% more than in Utah. We defined middle class jobs as those with average earnings between $30,000 and $70,000. Between 2014 and 2018, there was an increase of 44.71% in jobs in Idaho with average earnings in that range."
In addition to middle-class jobs and job growth, the study also looked at cost of living and homeownership rates. The study's authors "defined middle class as households earning between $35,000 and $100,000."
This is more great news for Idahoans! Idaho Republicans are committed to pro-jobs, pro-growth, pro-family policies that help every Idaho citizen succeed!