HONOLULU (HawaiiNewsNow) - The share of Urban Honolulu adults who live in middle- and upper-income households increased from 2000 to 2014, according to a new Pew Research Center report.
Some 63 percent of Urban Honolulu residents were considered middle class in 2014, one of the highest percentages among 229 metropolitan areas nationwide.
The report said that 15 percent of Urban Honolulu residents were upper income.
Those figures are up from 59 percent of middle-income earners and 13 percent of upper-income residents in 2000.
Meanwhile, the share of lower-income earners declined over the period, from 28 percent in 2000 to 22 percent 14 years later.
The trends in Urban Honolulu go against what's being seen nationally, according to the Pew Research Center report.
But the results of the report aren't likely to bring comfort to Hawaii residents, about half of whom live paycheck to paycheck. The skyrocketing cost of housing, and rising prices for food and other necessities, are stretching residents' budgets, experts say.
The Pew Research Center, a nonpartisan thinktank, said the middle class lost ground in nearly 9 out 10 U.S. cities nationally from 2000 to 2014. Nationally, 20 percent of adults who live in metro areas are upper income, 51 percent are middle class, and 29 percent are lower income.
According to the report, middle class adults live in households with incomes two-thirds to double the national median size-adjusted household income. The incomes were adjusted for cost of living.
To see the full report, click here.