Socioeconomic status (SES) is a term used by sociologists, economists, and other social scientists to describe the class standing of an individual or group. It is measured by a number of factors, including income, occupation, and education, and it can have either a positive or negative impact on a person's life.
Socioeconomic data is gathered and analyzed by a wide range of organizations and institutions. Federal, state, and local governments all use such data to determine everything from tax rates to political representation. The U.S. Census is one of the best-known means of collecting SES data. Nongovernmental organizations and institutions like the Pew Research Center also collect and analyze such data, as do private companies like Google. But in general, when SES is discussed, it's in the context of social science.
There are three main factors that social scientists use to calculate socioeconomic status:
This data is used to determine the level of one's SES, usually classified as low, middle, and high. But a person's true socioeconomic status doesn't necessarily reflect how a person sees him or herself. Although most Americans would describe themselves as "middle class," regardless of their actual income, data from the Pew Research Center shows that only about half of all Americans are truly "middle class."
The SES of an individual or group can have a profound influence on people's lives. Researchers have pinpointed several factors that can be affected, including:
Oftentimes, communities of racial and ethnic minorities in the U.S. feel the effects of low socioeconomic status most directly. People who have physical or mental disabilities, as well as the elderly, are also particularly vulnerable populations.
Tepper, Fabien. " What is Your Social Class? Take Our Quiz to Find Out!" The Christian Science Monitor. 17 Oct. 2013.
Cite this Article Your CitationCrossman, Ashley. "An Introduction to Socioeconomic Status." ThoughtCo, Jun. 25, 2024, thoughtco.com/socioeconomic-status-3026599. Crossman, Ashley. (2024, June 25). An Introduction to Socioeconomic Status. Retrieved from https://www.thoughtco.com/socioeconomic-status-3026599 Crossman, Ashley. "An Introduction to Socioeconomic Status." ThoughtCo. https://www.thoughtco.com/socioeconomic-status-3026599 (accessed September 12, 2024).
copy citation Sociology: Achieved Status Versus Ascribed Status Understanding Meritocracy from a Sociological Perspective Deviance and Strain Theory in Sociology Definition of Scapegoat, Scapegoating, and Scapegoat Theory What Is Social Class, and Why Does it Matter? How Different Cultural Groups Become More Alike Pilot Study in Research How Sociologists Define Human Agency Understanding Stratified Samples and How to Make Them All About Relative Deprivation and Deprivation Theory Status Inconsistency Theories of Ideology Definition of Status Generalization What Is a Master Status? How Expectation States Theory Explains Social Inequality What Is Social Oppression?We and our 100 partners store and/or access information on a device, such as unique IDs in cookies to process personal data. You may accept or manage your choices by clicking below, including your right to object where legitimate interest is used, or at any time in the privacy policy page. These choices will be signaled to our partners and will not affect browsing data.
Store and/or access information on a device. Use limited data to select advertising. Create profiles for personalised advertising. Use profiles to select personalised advertising. Create profiles to personalise content. Use profiles to select personalised content. Measure advertising performance. Measure content performance. Understand audiences through statistics or combinations of data from different sources. Develop and improve services. Use limited data to select content. List of Partners (vendors)