What is considered wealthy in Arizona?
Options ranged from $100,000 or more to $10 million or more.
GoBankingRates defines “rich” as being among the top 5% of income earners in each state.
More than a quarter of respondents — 26.2% — believe $1 million is needed to be rich.
That proved to be the same result in Arizona..
What is the average household income in Arizona?
The following data are the most current income statistics for Arizona from the US Census Bureau, are in 2018 inflation adjusted dollars and are from the American Community Survey 2018 5-year estimates. Median Household Income: $56,213. Average Household Income: $77,221.
What is upper class in Arizona?
According to Business Insider, Arizona residents need to make at least $107,120 each year to be considered “upper income” or “rich” — a far cry from the state’s median annual household income, which was $35,880 in 2016.
What is considered a middle class income in the United States?
Pew defines the middle class as those whose annual household income is two-thirds to double the national median, which was $57,617 as of 2016. By that definition, a middle-income three-person household earns about $45,000 to $135,000.