
Lower Middle Class
The lower middle class refers to a socioeconomic group that sits just above the poor or working class but below the middle class. Individuals or families in this category typically have stable jobs, often in fields like retail, administrative support, or services, and may earn enough to meet basic needs but face financial challenges. They might own modest homes, have limited savings, and struggle with expenses like education and healthcare. This group often experiences economic insecurity and may not have access to the same opportunities as those in the higher middle or upper classes.