American middle class

E693255

social class socioeconomic group

The American middle class is the socioeconomic group in the United States typically characterized by moderate income, stable employment, and access to education, homeownership, and consumer comforts, often seen as the backbone of the nation’s economy and culture.

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Statements (50)

Predicate	Object
instanceOf	social class ⓘ socioeconomic group ⓘ
affectedBy	automation and technological change ⓘ deindustrialization in the United States ⓘ globalization of labor markets ⓘ housing market fluctuations ⓘ student loan debt growth ⓘ
alsoKnownAs	U.S. middle class ⓘ
associatedValue	American Dream NERFINISHED ⓘ homeownership ideal ⓘ meritocracy ⓘ upward mobility ⓘ
associatedWith	hourly wage employment ⓘ salaried employment ⓘ skilled blue-collar occupations ⓘ white-collar occupations ⓘ
characteristic	access to education ⓘ consumer comforts ⓘ homeownership ⓘ moderate income ⓘ stable employment ⓘ
country	United States of America ⓘ surface form: United States
economicFunction	major contributor to tax revenues in the U.S. ⓘ major source of consumer demand in the U.S. ⓘ
historicalTrend	benefited from postwar economic boom ⓘ expanded after World War II ⓘ experienced wage stagnation since late 20th century ⓘ faced rising costs of housing, healthcare, and education ⓘ
incomeSource	professional services ⓘ small business income ⓘ wages and salaries ⓘ
politicalInfluence	important voting bloc in U.S. elections ⓘ
roleInSociety	backbone of U.S. culture ⓘ backbone of the U.S. economy ⓘ
socialPerception	indicator of national economic health ⓘ symbol of economic stability in the U.S. ⓘ
typicalAsset	automobiles ⓘ primary residence ⓘ retirement accounts ⓘ
typicalConsumption	healthcare services ⓘ higher education services ⓘ mass-market consumer goods ⓘ
typicalEducationLevel	bachelor's degree ⓘ high school diploma ⓘ some college ⓘ
typicalHouseholdStructure	dual-income household ⓘ nuclear family ⓘ
typicalResidence	metropolitan outskirts ⓘ small cities ⓘ suburban areas ⓘ

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Peggy Bacon → notableSubject → American middle class ⓘ