Why do most people in the US today consider themselves to be part of the middle class?

Most people in the U.S. consider themselves part of the middle class due to a combination of cultural identity, economic aspirations, and societal norms. The middle class is often associated with stability, home ownership, and access to education, which many strive for regardless of their actual financial situation. Additionally, the broad definition of "middle class" encompasses a wide range of incomes, leading to a perception that more individuals fit into this category. This identification can also serve as a source of pride and belonging in a society that values the idea of upward mobility.