Study finds major gap between upper and lower middle class

By
May 20, 2014 12:26




The wealth disparities between Israel’s upper and lower middle class are significant and growing, according to a Taub Center study released Tuesday.

The lower middle class, which accounted for 40% of the population, had a monthly per capita wage range of NIS 1,950 and NIS 5,000, while the upper middle class, which accounted for 29% of the population, fell under the much wider range of NIS 5,100 to NIS 12,540.

“The long-term goal should be a unification of these two groups into a single large and strong middle class.  In order to achieve this, the gaps between the lower middle and upper middle class must be narrowed,” said Bar-Ilan University’s Zoya Nisanov, who authored the study. 

The biggest factor explaining the difference in the groups was the number of wage earners in the household: smaller percentages of families in the upper middle and upper classes had just one income.


Related Content
Breaking news
November 20, 2017
Hezbollah leader says ready to pull commanders from Iraq

By REUTERS

Israel Weather
  • 11 - 23
    Beer Sheva
    15 - 22
    Tel Aviv - Yafo
  • 11 - 19
    Jerusalem
    16 - 21
    Haifa
  • 14 - 27
    Elat
    15 - 25
    Tiberias