What is "rich"?

Gallup has a fascinating poll asking Americans what level income they need to earn to consider themselves "rich". The results are fairly surprising:

The median answer is fairly surpring: $150,000.  That is, a majority of Americans think that anyone making more than $150,000 a year is rich.

To offer some context, this income level will put a household almost exactly in the top 10%;  and individual making this amount of money would fall in the top 2%. All in all, It is a surprisingly accurate guess. The top bracket for Federal income taxes, incidentally, begins at $379,000.

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