Over a Third of Americans Making $250,000 Are Currently Living Paycheck to Paycheck: Surveys

But it does not necessarily mean actual hardship

Milk prices are displayed in a supermarket in the District of Columbia on May 26, 2022. Nicholas Kamm/AFP via Getty Images

About 36 percent of Americans earning at least $250,000 a year claim that they are living paycheck to paycheck, a sign on how rising inflation is hitting households at all ends of the spectrum throughout the country, according to two recent surveys.

Individuals earning $250,000, who are among the top 5 percent of income earners, according to the U.S. Census Bureau, are spending most of their income on household expenses, according to the surveys by Pymnts.com and LendingClub.