Behold, the shrinking American middle class (via @Mark_J_Perry):
More here: aei.org/carpe-diem/ani…
And, yes, this IS inflation-adjusted (thus accounting for cost of living).
And, no, it ISN'T just just about household size (if at all): cato.org/commentary/ann…
And, no, it ISN'T just just about household size (if at all): cato.org/commentary/ann…
Speaking of households, pls note that - per these same Census data - the share of 2-earner households in the USA has actually shrunk since the 1980s (earliest data available), while 1-earner HHs is steady and "no earners" (likely retirees) has grown: 
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