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re: In terms of net worth percentiles in the US...

Posted on 6/8/12 at 12:06 am to
Posted by rollthatback
Member since Jun 2008
3035 posts
Posted on 6/8/12 at 12:06 am to
LINK /

best I could find

$50,000 … 60th percentile
$93,000 … 50th percentile
$100,000 … 48th percentile
$200,000 … 34th percentile
$500,000 … 18th percentile
$750,000 … 12th percentile
$827,000 … 10th percentile
$1 million … 8th percentile
$1.4 million … 5th percentile
$6 million … 1st percentile
Posted by Jim Rockford
Member since May 2011
98329 posts
Posted on 6/8/12 at 5:41 am to
I don't know if that guy's figures are correct, but he doesn't understand percentile rank. The numbers should be reversed, ie, the highest income is in the 99th percentile.

BTW, the global rich o meter linked in the article is pretty interesting. A $10000 income, which is abject poverty by any standard in this country, is still in the 87th percentile worldwide.
Posted by Macintosh504
Leveraging Salaries University
Member since Sep 2011
52675 posts
Posted on 6/8/12 at 8:46 pm to
quote:

$6 million … 1st percentile

Man, it feels good to be a one percenter
Posted by homeskillet
Huntsville, AL
Member since Dec 2011
225 posts
Posted on 6/8/12 at 10:38 pm to
top half at 30, I will take it.
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