Who knew that I was an "elite," with my six figure income and post-graduate degrees from state schools in an area where that is slightly above average, but Warren Buffet, and his $121 Billion and post-graduate degree from Columbia, isn't because he chooses to live in Omaha?
1% for HHI starts at around $600k. And that's for the country. 150k in NY or SF I'd guess to be about 60-70%. That house does not feel like they've elite.
Actually, they forgot a second 1. It puts you in the Top 11% of households (for the entire country, leaving out that the areas they view as "elite" have much higher costs of living and huge concentrations of much higher incomes).
Household income of 150k puts you at the 79.6 percentile. Income Percentile Rank Calculator - Rank your Income by Age
So it seems that under these criteria, Elon Musk, Donald Trump, and Bill Gates are ordinary, non-elites because they didn't get graduate degrees?
But for the record I am much better off than Jan 2020. My net worth is probably up 50 percent and my income is up 40 percent or more. but I would like to attribute much of that to my own hard work. I did fine when the last guy was in too. Even if I wasn’t a fan.
There certainly are a lot of mad people around. One might want to say there's a lot to be mad about. I posit, however, that being mad is a state of mind learned at home. Well-adjusted people don't go around mad, don't think millions of guns are proof of a free society, don't believe in a perversion of Christianity, and certainly don't vote for a narcissist whose platform is to feed and stoke unhappy and mad people.
Hey, don't forget Steve Forbes. I mean, sure, he was born the son of a major publisher, a billionaire, and has a degree from Princeton, but it is only one degree, so he is totally not elite.
The population density qualifier is strange. Does this mean it’s impossible for someone living in the burbs to qualify as elite?
At least I'm not an elite considering that the population density of Fairfax County, VA is 2,942 per square mile. Apparently my views on appliances also differ from that of the elites considering that we purchased a new GE gas range last July.
Apparently since it's only 606 per square mile. Apparently even the residents of Arlington County aren't elites since the population of that county is 9,200 per square mile.
that surprises me. Almost elite, but not quite. I’ll take it. Just wait until the remaining used car lots are replaced by mixed use high rises.
To truly be elite one must first become elite of the heart and mind. Then worry about your population density. -Aristotle