midincome
Midincome is a relative socio-economic category used to describe households or individuals whose income sits in the middle portion of the income distribution within a country or region. It is not a fixed threshold and varies across time and place. In practice, midincome is often defined by percentiles (for example the middle two quintiles) or by comparison to the median income.
Measurements commonly include median household income and mean income, along with income percentiles such as the
Midincome households typically have enough earnings to cover essential expenses and some discretionary spending, but may
In international contexts, middle-income is also used to describe countries with gross national income per capita
Critiques note that the label can conceal substantial heterogeneity within the midincome group and may overlook