Are You Middle Class In Your State? (And Why It Doesn’t Matter)
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 20 August 2025
⏱️ 60 minutes
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| 0:30.3 | This episode is presented by eBay. Rob, everyone loves a deal and a bargain from time to time, |
| 0:37.3 | don't they? |
| 0:57.2 | Absolutely, mate. And do you know where you can grab a great deal? Talk to me. Where? The eBay app. Yes, you are correct. You didn't need to talk to me. I already knew it. I love eBay. When you're buying, you can discover loads of hidden gems. There's so many items where you think I would have never found that anywhere else. Then when you're selling, it's so simple and most importantly, free. |
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| 0:58.1 | It's free, Rob. |
| 1:02.4 | When it's this easy to sell for free and there's great deals on things you love, |
| 1:04.2 | you can't help but say when it's eBay. |
| 1:20.1 | It excludes vehicles and business sellers. Have you ever been curious, what's middle income or middle class by state? |
| 1:26.8 | Brent, I am so excited to talk about this because today we hear this all the time. |
| 1:29.3 | We hear middle class, middle class. And we're going to talk about by state what it actually takes to fall into that category. You may be |
| 1:35.5 | surprised because honestly, the range was different than I guessed it would have been. And it's like |
| 1:41.5 | most things financial. It depends on where you live. That's right. |
| 1:46.4 | Actually, we pulled this data from visual capitalists and smart asset. But look at this. You can |
| 1:52.7 | compare and contrast. There is a broad difference here. If I look at who's the lowest, Mississippi, |
| 1:58.6 | 49,000. If you look at the highest, now there's a few that were in the $90,000 range, but the highest, according to the stats, was Maryland right at $90,000. |
| 2:08.6 | And if you look at the average across all 50 states, it comes in right at $69,000 to be labeled middle class. |
| 2:17.0 | So ranging from as low as Mississippi to as high as |
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