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Pew analysis shows Ohio's middle class is shrinking
Study shows the upper-income bracket is getting larger but not richer
by WKSU's LYNDSEY SCHLEY


Reporter
Lyndsey Schley
 
Stateline editor Jeff Stinson says the analysis shows the middle class's income is decreasing.
Courtesy of Stateline
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A new study shows the middle class in Ohio is shrinking.

The analysis was created by The Pew Charitable Trusts.

Jeff Stinson is editor at Stateline.org, the media wing of Pew. He says 5 percent fewer Ohioans were in the middle income bracket in 2013 than 2000.  He says the average income of the middle class has also dropped about $8,000when accounting for inflation.

The percentage of people in the upper class has increased about 4 percent since 2000, but Stinson says this is not as good as it sounds.

LISTEN: Stinson on the middle class

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“As median income drops, then the overall share of people and income in the economy are going to have to shift somewhere," Stinson says. "And that means they’re shifting into the upper class of income. But that does not mean they’re necessarily making more or that they’re richer.”

Stinson says when you account for inflation, it actually takes an income 15 percent lower to qualify as upper class in 2013 than 2000.

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