gmwilliams profile image 86

What level of income is considered to be socioeconomically rich nowadays? Why

a million dollars per year is no longer considered socioeconomically rich?

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askformore lm says

2 years ago
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Mirjan Stojanovic (micko27) says

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Hendrika says

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  • gmwilliams profile image

    Grace Marguerite Williams (gmwilliams) 2 years ago

    Making in the high eight figures would be the starting point of being rich. 1 million dollars per year ISN'T socioeconomically rich at all. To be moderately comfortable, one has to earn AT LEAST 200K per annum!

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