Rocky Mountain Voice

Tag: Financial Trends

$100K Income Now Falls Into Lower Middle Class Bracket In Colorado
kdvr.com, Approved, State

$100K Income Now Falls Into Lower Middle Class Bracket In Colorado

By Alix Martichoux | KDVR (NEXSTAR) – A six-figure income used to be shorthand for “rich.” Now, it’s barely enough to get by in many parts of the country, including Colorado. And it’s not just California and New York where families are feeling the pinch. The rising cost of housing, childcare, groceries – and well, just about everything – has stretched households’ income further and further. Even big earners have found themselves living paycheck to paycheck. In a dozen states, a household income topping $100,000 isn’t considered particularly high. When compared to other earners, it’s actually considered “lower-middle class,” according to an analysis by MoneyLion. READ THE FULL ARTICLE AT KDVR

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