5 Figures That Define the Middle Class

5 Figures That Define the Middle Class

The middle class is often thought of as the backbone of the American economy -- and decades ago it was. Today, however, the American middle class has become a shadow of what it once was. A number of changes and challenges, including poor saving habits, stagnant wage growth, and growing income inequality, has altered the shape of middle-class America.

What does today's middle class look like? Let's define it with five figures so you can get a feel for what it's really like to be middle class in America.

Image source: Getty Images.

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Source: Fool.com