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Old 03-30-2018, 04:44 PM
Location: Ontario
7,266 posts, read 4,516,669 times
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Originally Posted by Thoreau424 View Post
"Rich" is subjective. There are those with more money than they'll ever know what to do with, and still don't consider themselves "rich", while their are others with very little money / income who would count themselves as rich. Numbers and statistics don't tell the full story. Also, some earn high amounts of money and spend it like crazy, while others make less but are vastly more efficient
and save. Income stats says nothing of spending habits and patterns. Some areas are more materialistic and possession-heavy, while others downplay it.
Subjective for sure.

A big salary is very very good but net worth has to be considered as well.

For USA I think rich starts at minium $10 million net worth.
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Old 03-31-2018, 04:02 PM
Location: Clemson, SC by way of Tyler,TX
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Median income in Austin is the same as NYC, and higher than LA?
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