Q. What annual income level would you say was the minimum to be “wealthy” for a single person?
What annual income level would you say was the minimum to be “wealthy” for a family of 2 parents and 2 children?
|
Single Person |
Family |
|||||||
|
Total |
Income under $1,000pw |
Income $1,000 – $1,600pw |
Income $1,600+ |
Total |
Income under $1,000pw |
Income $1,000 – $1,600pw |
Income $1,600+ |
|
| $40,000 |
2% |
3% |
1% |
– |
1% |
1% |
– |
– |
| $60,000 |
6% |
10% |
4% |
6% |
2% |
2% |
3% |
* |
| $80,000 |
15% |
17% |
20% |
10% |
4% |
7% |
3% |
2% |
| $100,000 |
21% |
19% |
25% |
23% |
9% |
13% |
10% |
5% |
| $120,000 |
14% |
11% |
15% |
17% |
9% |
10% |
13% |
6% |
| $150,000 |
17% |
18% |
13% |
22% |
19% |
17% |
22% |
20% |
| $200,000 |
10% |
8% |
10% |
11% |
22% |
20% |
16% |
32% |
| $300,000 |
4% |
3% |
4% |
4% |
15% |
10% |
15% |
19% |
| $500,000 |
4% |
3% |
6% |
3% |
9% |
9% |
11% |
7% |
| $1 million |
3% |
3% |
1% |
3% |
5% |
4% |
4% |
7% |
| Don’t know |
5% |
4% |
2% |
1% |
5% |
5% |
3% |
1% |
| median |
$106,000 |
$102,000 |
$98,000 |
$113,000 |
$159,000 |
$146,000 |
$147,000 |
$182,000 |
58% think that a single person earning $120,000 would be considered “wealthy”. The average (median) minimum income for a single person to be considered “wealthy” was $106,000.
66% think that a family earning $200,000 would be considered “wealthy”. The average (median) minimum income for a family to be considered “wealthy” was $159,000.