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31 cities where you could be considered 'rich' if you earn less than $100,000
31 cities where you could be considered 'rich' if you earn less than $100,000
Myelle LansatSep 12, 2018, 18:54 IST
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GoBankingRates released a new study that measures what it takes to be considered "rich" in American cities.
GoBankingRates looked at household income percentiles and concluded that an individual making more than 80% of the community is "rich."
Here's where you can still be "rich" making less than $100,000 a year.
Being "rich" means something different to most people.
GoBankingRates released a new study that determined the American cities where you can still be considered "rich" earning an income of less than $100,000.
The study defined being rich or wealthy as "one with more money or assets relative to others in a society." GoBankingRates looked at household income percentiles and concluded that an individual making more than 80% of their community is "rich."
They study also factored in median home values from Zillow and data from Sperling's Best Places on grocery costs, utilities, healthcare, and transportation.
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Below, check out the 31 cities where making between $60,000 and $100,000 puts you in the top 20% of earners in your area.
