This is how much a family of four in New York needs to earn to be considered middle class

Published

1 year ago

April 2, 2024

admin

Breaking into the middle class in New York State requires some big bucks — as soaring levels of inflation and lagging wage growth have driven up the cost of living.

The minimum annual income required for a family of four to be considered part of the middle class in the Empire State soared to $81,396 in 2023, according to the Pew Research Center and the US Bureau of Labor Statistics.

That’s roughly $7,000 more than it was for a couple with two kids in 2022, when the minimum income was $74,908 — and about $20,000 higher than $60,328 it took to live a middle class life in 2016.

Meanwhile, joining the middle class in the Big Apple came at an even steeper price last year: a minimum annual income of $318, 406, according to separate study by SmartAsset.

“It’s scary,” David Delisle, a financial literacy expert and author of “The Golden Quest: Your Journey to a Rich Life,” told The Post.

“Housing has gotten expensive for most people and that’s causing a bigger and bigger gap.”

Delisle pointed to the record levels of inflation, which has skyrocketed 17% since President Joe Biden took office, for shrinking the middle class nationwide.

“Incomes haven’t kept up with inflation in the same way we’ve seen all these other costs go up,” Delisle said.

New York State’s minimum income in 2023 left it just behind Hawaii, where a family of four needed $82,630 to be considered middle class.

The District of Columbia tied New York State, which was slightly more expensive than neighboring New Jersey and Connecticut.

By comparison, the nation’s median household income for a family of four to be considered middle class was $70,784 in 2021, according to census data.

The states with the lowest income to qualify as middle class were Alabama, Arkansas, Arizona, West Virginia and Mississippi.

Please provide a valid email address.

By clicking above you agree to the Terms of Use and Privacy Policy.

Never miss a story.

A family of four living in Mississippi needed to earn $60,431.

In 2022, Pew Research Center conducted a study which found that the share of American adults that could be considered middle class decreased considerably in the five decades between 1971 and 2021.

Fifty years ago, 61% of US adults were in the middle class while just 14% were in the upper income tier.

In 2021, however, the number of adults who were considered middle class fell to 50%, while those in the upper income tier increased to 21%.

The study found that there was also a greater share of those in the lower income bracket — 29% in 2021 compared to 25% in 1971.

Meanwhile, the wealthy have gotten wealthier at a more rapid pace than those in the middle and lower income classes, according to the study.

The median income for higher tier households rose 69% from 1970 ($130,008) to 2020 ($219,572), according to Pew.

For middle income households, their median income rose 50% — from $59,934 in 1970 to $90,131 in 2020.

The lower income households saw their incomes rise 45% — from $20,604 in 1970 to $29,963 in 2020.

If current trends persist, the middle class could shrink even more.

“If we don’t have that middle class everything is out of whack and unsustainable,” Delisle said.

“We’ll have people who can’t afford to live and people who have more money than they know what to do with.”

Entertainment

Tomorrowland: ‘Devastating’ blaze destroys main stage at major festival – two days before it was due to begin

Published

2 hours ago

July 17, 2025

admin

Tomorrowland: 'Devastating' blaze destroys main stage at major festival - two days before it was due to begin

A huge fire has destroyed the main stage of a major festival in Belgium – two days before it was due to begin.

Tomorrowland is a dance music event as big as Glastonbury – and David Guetta was due to perform.

Footage showed flames and thick plumes of black smoke engulfing the stage and spreading to nearby woodland on Wednesday.

The annual festival in the town of Boom, north of Brussels, is one of the biggest in Europe and attracts about 400,000 people over two consecutive weekends.

It is famous for its immersive and elaborate designs and attracts big names within dance music – including Guetta, best known for tracks When Love Takes Over and Titanium.

Dutch DJs Martin Garrix and Charlotte de Witte were also due to perform, along with the likes of Swedish House Mafia, Eric Prydz and Alok.

The festival’s website described the creative elements which went into the elaborate main stage.

The theme, described as Orbyz, was “set in a magical universe made entirely out of ice” and “full of mythical creatures”.

Organisers said no one was injured in the blaze but confirmed “our beloved main stage has been severely damaged”, adding they were “devastated”.

Spokesperson Debby Wilmsen added: “We received some truly terrible news today. A fire broke out on the Tomorrowland site … and our main stage was essentially destroyed there, which is truly awful.

“That’s a stage that took years to build, with so much love and passion. So I think a lot of people are devastated.”

Despite the fire, Tomorrowland organisers said they were still expecting 38,000 festivalgoers at DreamVille, the event’s campsite.

Politics

PM criticised over ‘appalling’ decision to suspend four Labour MPs

Published

2 hours ago

July 17, 2025

admin

Starmer suspends four Labour MPs for breaches of party discipline

Sir Keir Starmer has suspended four MPs for repeated breaches of party discipline.

Brian Leishman, Chris Hinchliff, Neil Duncan-Jordan and Rachael Maskell have lost the whip, meaning they are no longer part of Labour’s parliamentary party and will sit as independent MPs.

The suspension is indefinite pending a review.

Three other MPs have had their trade envoy roles removed: Rosena Allin Khan, Bell Ribeiro-Addy and Mohammed Yasin.

Politics latest: Suspended MPs defend their voting record

All seven had voted against the government’s welfare reforms earlier this month. However, it is understood this is not the only reason behind the decision, with sources citing “repeated breaches of party discipline”.

More than 100 MPs had initially rebelled against the plan to cut personal independent payments (PIP). Ultimately, 47 voted against the bill’s third reading, after it was watered down significantly in the face of defeat.

Ms Maskell was one of the lead rebels in the welfare revolt, and has more recently called for a wealth tax to fund the U-turn.

The York Central MP has spoken out against the government on a number of other occasions since the election, including on winter fuel and cuts to overseas aid.

Confirming the suspension, Ms Maskell told Sky News that she “doesn’t see herself as a rebel” but “somebody that is prepared to fulfil (her) role here of holding the executive to account and speaking truth to power”.

She stopped short of criticising the decision, saying: “I hold my hand out to the prime minister and hope he takes that and wants to reach back because I think it’s really important that we work together.”

Ms Maskell was first elected in 2015, while the other suspended MPs were newly elected last year.

Mr Hinchliff, the MP for North East Hertfordshire, has proposed a series of amendments to the flagship planning and infrastructure bill criticising the government’s approach.

Mr Duncan-Jordan, the MP for Poole, led a rebellion against the cut to the winter fuel payments while Alloa and Grangemouth MP Mr Leishman has been critical of the government’s position on Gaza.

Suspended Labour MPs clearly hit a nerve with Starmer

Tamara Cohen

Political correspondent

@tamcohen

After a tricky few weeks for the government, in which backbenchers overturned plans to cut back welfare spending, now a heavy hand to get the party into line.

All four suspended MPs appear to be surprised – and upset.

Three more have lost plum roles as trade envoys – all on the left of the party.

All were active in the rebellion against the government’s welfare reforms, and voted against the changes even after a series of U-turns – but were among 47 Labour MPs who did so.

When MPs were told after the welfare vote that Number 10 was “fully committed to engaging with parliamentarians”, this was not what they were expecting.

We’re told the reasons for these particular suspensions go wider – over “persistent breaches of party discipline” – although most are not high profile.

In the scheme of things, Jeremy Corbyn and John McDonnell rebelled against the Labour whip hundreds of times under New Labour, without being suspended.

But these MPs’ pointed criticism of the Starmer strategy has clearly hit a nerve.

Read Tamara’s analysis in full here

‘Couldn’t support making people poorer’

Mr Duncan-Jordan told Sky News that he understood speaking out against benefit cuts would “come at a cost” but said he “couldn’t support making disabled people poorer”.

Mr Leishman echoed that sentiment, saying: “I firmly believe that it is not my duty as an MP to make people poorer, especially those that have suffered because of austerity and its dire consequences.”

Both said they remain committed to the Labour Party and its values, suggesting they have no plans to join the new party being set up by former Labour leader Jeremy Corbyn and ousted MP Zarah Sultana.

Similarly Mr Hinchliff said in a brief statement: “I remain proud to have been elected as a Labour MP and I hope in time to return to the Labour benches.”

The suspensions will be seen as an attempt to restore discipline ahead of the summer recess following a number of rebellions that has forced the government into U-turns.

As well as watering down the welfare bill, some cuts to the winter fuel payment have been reversed, leaving Chancellor Rachel Reeves with a fiscal blackhole to fill.

However, the move risks creating further divisions with a number of Labour MPs criticising the decision.

Starmer ‘rolling out the carpet to Reform’

Ian Byrne, Labour MP for Liverpool West Derby, said he was “appalled” by the suspensions as he and 44 others voted against welfare cuts.

He said this isn’t the first time the Starmer leadership has “punished MPs for standing up for what’s right”, as he and six others were suspended last year for voting against the two-child benefit cap.

“These decisions don’t show strength. They are damaging Labour’s support and risk rolling out the red carpet for Reform,” he added.

Richard Burgon, who was also temporarily suspended in the two-child benefit cap revolt, said he had hoped the leadership would take a different approach to backbenchers.

“Sadly, it isn’t yet doing so. To help stop a Reform government, it really must do so,” he said.

Jon Trickett, Labour MP for Normanton and Hemsworth, said “it’s not a sin to stand up for the poor and disabled”, adding: “Solidarity with the suspended four.”

World