Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Came across this list of MSAs ranked by income inequality while looking up something else. To be a 1%er in metro Raleigh takes $866,658 in income; compare that to $1,312,097 in Charleston SC or $989,409 in Charlotte.
Came across this list of MSAs ranked by income inequality while looking up something else. To be a 1%er in metro Raleigh takes $866,658 in income; compare that to $1,312,097 in Charleston SC or $989,409 in Charlotte.
That's not really what that means. They averaged the top 1% income earners...that isn't really the correct way to do that. What they should've done is ranked households by income and found the one right at 99%. That would be the cutoff of what it takes to "make it" into the 1%. The guy making $20m will skew the rest of the list.
Saw an orange Lambo spyder on Lynn Rd. yesterday. Horrible color but a nice car. And somebody was asking if he would stand out if he drove a 3 year old Lexus?
Location: Chapel Hill, NC, formerly NoVA and Phila
9,777 posts, read 15,781,748 times
Reputation: 10886
If you look at Table B3 of that link, it shows the threshold one needs to be in the top 1% of income in their metro region (these are 2013 numbers).
1. Jackson, WY metro area with a needed income of $1.650 M to be in the top 1%
5 San Jose metro area $965K
8. San Francisco metro $785K
15. NYC metro $672K
21. DC metro $575K
28. Austin metro $543K
29. Chicago metro $524K
31. LA metro $513K
32. Miami metro $511K
59. Raleigh metro $444K
66. Durham metro $438K
68. Charlotte metro $434K
If you look at Table B3 of that link, it shows the threshold one needs to be in the top 1% of income in their metro region (these are 2013 numbers).
1. Jackson, WY metro area with a needed income of $1.650 M to be in the top 1%
5 San Jose metro area $965K
8. San Francisco metro $785K
15. NYC metro $672K
21. DC metro $575K
28. Austin metro $543K
29. Chicago metro $524K
32. Miami metro $511K
59. Raleigh metro $444K
66. Durham metro $438K
68. Charlotte metro $434K
Luxury is only for them fancy northern cities. Here in podunkville we like to shop at the Wal-Marts and them thrift shops that rapper fella Macklemore sings about. Bargains y'all!
Meh.
Give me a Moon Pie and a pint of Maaola and I am living luxuriously.
This...
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.