Summary
A new study from the Urban Institute finds that many U.S. families now need a six-figure income to truly “thrive” in today’s economy. It estimates households require roughly $96,000 to $150,000 annually, depending on family size, while single adults need about $64,000. The research factors in real-world expenses such as housing, child care, and health care, as well as savings—not just basic survival. Despite this, nearly half of Americans earn below these thresholds, highlighting a widening gap between incomes and costs. Families with children, especially single parents, face the greatest strain, with most falling short of the financial stability they need.
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