Best Definition of Wealthy
March 27, 2009 - An overwhelming majority from the latest CNBC-LinkedIn poll agrees that having an annual income of over $250,000 constitutes wealth, and therefore should become taxable under Obama's proposed tax hike. The comments on the poll however show that most people don't agree that the number on the W2 is necessary a show of wealth.
Overall results:
- 36.2% say $500K annual income
- 29.9% say $250K annual income
- 27.5% say $1 million + annual income
- 4.2% other
- 2.2% say $100K
BY AGE
People who think $250K is “wealthy”
- 40% of people 18-24
- 35% of people 25-34
- 27% of people 35-54
- 28% of people 55+
BY MAJOR US REGION
Where do the least people think $250K is wealthy?
- 22% - Phoenix, AZ
- 23% - New York City
- 24% - Atlanta, CA
- 26% - Charlotte, NC
- 26% - Houston, TX
Where do the most people think $250K is wealthy?
- 43% - Portland, OR
- 38% - Seattle, WA
- 37% - Detroit, MI
Where do the most people think $1 million is wealthy?
- 37% - Tampa, FL
- 34% - Atlanta, GA
- 34% - St. Lous, MO
- 33% - Houston, TX
- 32% - Cincinnati, OH
- 31% - New York City
- 30% - Denver, CO