Previous post Next post

Switzerland – a definition of middle class

A recent survey calculates 60.1% of Switzerland’s population was middle class in 2015, a figure that has remained broadly stable since 1998, reaching its highest in 2009 (61.3%) and lowest in 2013 (56.8%).

Iakov Filimonov

© Iakov Filimonov | - Click to enlarge

But what is middle class in Switzerland?

According to Switzerland’s Federal Statistical Office, it is anyone living in a household with a gross income between 70% and 150% of the gross median income.

In 2015, the most recent year, to be considered middle class, a couple with two children under 14 would have needed gross income of between CHF 99,044 (US$105,008) and CHF 212,236 (US$225,017).

A single person would have needed gross income between CHF 47,164 (US$50,004) and CHF 101,065 (US$107,151) to qualify.

Being middle class did not guarantee freedom from financial difficulty. Among the lower middle class one in four encountered money problems, while among the upper middle class one in ten did.

Full story here Are you the author?
About Le News
Le News
The newspaper Le News is a free, quality, local English language newspaper launched on 31 October 2013. Le News fills a gap in local Swiss media for the numerous English-speakers living and visiting Switzerland. In late January 2015 we decided to put our print medium on hold and focus on our digital media presence.
Previous post See more for 3.) Investec Next post
Tags: ,,,

Permanent link to this article:

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.