socioeconomic
adjective
(also socio-economic) uk/ˌsəʊsiəʊˌekəˈnɒmɪk/ us/ˌsoʊsioʊˌiːkəˈnɑːmɪk/ ECONOMICS
used to describe the differences between groups of people relating to their social class and financial situation:
The proposal is meant to boost achievement for all and close a growing gap among students from different socioeconomic backgrounds.
Higher education typically correlates with a higher socioeconomic status and better living conditions.
a socioeconomic class/group
socioeconomically
adverb uk/ˌsəʊsiəʊˌekəˈnɒmɪkli/ us/ˌsoʊsioʊˌiːkəˈnɑːmɪ-/
a racially and socioeconomically diverse city