The Public Agrees, About $150,000 a Year Makes You ‘Rich’ —
Survey of the Day In light of the Occupy Wall Street movement
focusing attention on the “one percent” and the debate over
raising taxes on the wealthy, Gallup asked 1,012 adults how much
money they would need to make a year in order to consider
themselves rich. Thirty percent of respondents answered less
than $100,000; 23 percent between $100,000 and $149,999; 18
percent between $150,000 and $299,999; 14 percent between
$300,000 and $999,999; and 15 percent answered $1 million or
more. Going by the medium of those responses, the average
American believes they would have to make $150,000 a year to be
considered rich. Gallup also asked how much net worth makes a
person wealthy, and the medium response to that question was $1
million.