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Cities In USA That Have Set Bars In Order To Be Called Wealthy

In the US, even if you have many dollars stacked up, you’ll still find it hard to be considered as ‘wealthy’. Although you will find the word ‘comfortable’ quite often used against you. 

According to the Modern Wealth Survey, it takes about having a further $2.2 million to be considered wealthy in the States. If your net worth is below the set target, you will further find it a bit hard to to be called a millionaire or wealthy. 

US has a lot of cities. The most major ones are also expected to have the most wealthy people. But do you know what it takes to be called wealthy by the people of those cities? A lot of money. In San Francisco, the criteria of being Wealthy starts from a staggering $5.1 million. Thats also the first place on the survey. To be considered financially stable would only call for $1.7 million. 

Wealth On The City By City Basis

Here’s how other major US cities outline the wealth of people with a set criteria. 

San Francisco

$5.1 million can be considered wealthy in San Francisco as mentioned earlier. Failing to achieve this set target can result in being called financially stable. 

Southern California 

Southern California Includes Los Angeles and San Diego. The set criteria in Southern California is regarded at $3.9 million. 

New York City

The city that never sleeps might face a $3.4 million landmark that can be considered wealthy. Most of the wealthy people in the States are settled in New York. 

Washington D.C