5 Июл, 2022

US wealth threshold

Americans, on average, consider their fellow citizens with a fortune above $2.2 million to be rich, an annual study by financial company Charles Schwab showed. A year ago, people with a fortune of more than $1.9 million were considered rich in the United States.

This is the national average. At the same time, in large cities the threshold of wealth is much higher. And the leader in this respect is San Francisco, where the headquarters of many large IT companies are located. This city is ahead of New York and Washington by a serious margin.

In San Francisco, only those whose assets minus debt are at least $5.1 million are considered rich. A fortune of more than $1.7 million allows you to rely only on a «comfortable» assessment of the financial situation in the eyes of the city’s residents.

Southern California (including Los Angeles and San Diego) has a wealth threshold of $3.9 million, New York $3.4 million, and Washington $3.3 million. low threshold fixed in Denver — $2.3 million

<<< July 05, 2022 Feed >>>

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