Here's the Salary You Now Need to be Upper-Middle Class in MN

They say that money can't be happiness, but here in Minnesota, we now know just how much money you'll need to earn a year to be considered upper-middle class.

In previous generations, if you were part of Minnesota's upper-middle class, you might have owned your own home as well as a cabin up north. These days, to be considered upper-middle class here in the Land of 10,000 Lakes, you might only need to make enough money to pay for your mortgage, a couple of vehicles-- and have enough money left over to buy a dozen eggs. (Rim shot!)

To figure out just how much money you need to earn to be considered 'upper middle class' here in Minnesota, it's first helpful to define what that term means. According to this Pew Research Survey, the term 'upper middle class' often refers to households that are on the higher end of the middle-income bracket but don't quite reach the upper-income tier.

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The Pew survey went on to say that in 2022, about 52 percent of U.S. adults were classified as middle-income, while 19 percent were in the upper-income tier. Here in Minnesota, Pew said, we have a higher median income than the national average. When you do the math, this means that approximately 20 percent of Minnesota's population currentlyc falls into the upper-income category.

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But specifically just how much do you have to earn to fit into the upper middle class category? GoBankingRates.com just did a survey that answers that question. To come up with their results, GoBankingRates said they looked at the following info:

We first sourced each state’s median household income from the 2023 American Community Survey. Each state’s upper-middle-class income range was found after finding the total middle-class income range in every state.

And here in the North Star State, GoBankingRates found that Minnesota is ranked 38th in affordability for being upper-middle class, with the most expensive being ranked 50th and the least expensive being ranked first. The state where it is most expensive to become upper-middle class is Maryland, while the least expensive state is Mississippi.

Specifically, the GoBankingRates survey said that Minnesota's median household income is $86,372. So, the lowest end of upper-middle class income would be $134,357, while the highest end of upper-middle class income is $172,744.

Meanwhile, it you want to check out some Minnesotans who are definitely NOT in the upper-middle class category, keep scrolling to see the Top 10 Highest-Paid Athletes in Minnesota in 2025!