10% population in SD county are millionaires (exclude Primary RE)?!

[pepsi]

According to CNN,in San Diego county, there are 102K household that are millionaires (exclude primary residence). (San diego county has 994K households, 2.95Million people)

http://money.cnn.com/galleries/2007/pf/0704/gallery.Millionaire_Counties/5.html

That means every 1 in 10 family you meet is millionaire.

We are a fxxking rich county.

——

BTW, I doubt that number is correct.

(Another article from North County Time in 2005 said it is about 35000 HH)

 

[Borat]

That is COUNTY, not CITY. There are around 3M in the county, so approx. 3% of the population have at least a million american pesos.

[Borat]

That is COUNTY, not CITY. There are around 3M in the county, so approx. 3% of the population have at least a million american pesos.

[Borat]

That is COUNTY, not CITY. There are around 3M in the county, so approx. 3% of the population have at least a million american pesos.

[(former)FormerSanDiegan]

Borat – I thought the same thing, but the priginal post addressed this. 2.95 million population, but less than 1 million HOUSEHOLDS. The 100K was number of HOUSEHOLDS with net worth greater than 1 mil.

[(former)FormerSanDiegan]

Borat – I thought the same thing, but the priginal post addressed this. 2.95 million population, but less than 1 million HOUSEHOLDS. The 100K was number of HOUSEHOLDS with net worth greater than 1 mil.

[(former)FormerSanDiegan]

Borat – I thought the same thing, but the priginal post addressed this. 2.95 million population, but less than 1 million HOUSEHOLDS. The 100K was number of HOUSEHOLDS with net worth greater than 1 mil.

[kewp]

Edited to say I can’t read.

[kewp]

Edited to say I can’t read.

[kewp]

Edited to say I can’t read.

[davelj]

According to Money Magazine (which could be wrong, of course) there are approximately 4 million millionaire households out of roughly 75 million total households nationwide. Money Magazine does not include primary residence or retirement assets in their definition of millionaire. So, that’s 5.3% of all households nationwide. Seeing as SD is a much higher-than-average income city – particularly at the high end – it doesn’t surprise me at all that 10% of the households in SD are millionaires.

[davelj]

According to Money Magazine (which could be wrong, of course) there are approximately 4 million millionaire households out of roughly 75 million total households nationwide. Money Magazine does not include primary residence or retirement assets in their definition of millionaire. So, that’s 5.3% of all households nationwide. Seeing as SD is a much higher-than-average income city – particularly at the high end – it doesn’t surprise me at all that 10% of the households in SD are millionaires.

[davelj]

According to Money Magazine (which could be wrong, of course) there are approximately 4 million millionaire households out of roughly 75 million total households nationwide. Money Magazine does not include primary residence or retirement assets in their definition of millionaire. So, that’s 5.3% of all households nationwide. Seeing as SD is a much higher-than-average income city – particularly at the high end – it doesn’t surprise me at all that 10% of the households in SD are millionaires.

[Ex-SD]

I remember reading several articles in the UT over the last couple of years that said, less than 5% of the population of SD could qualify for a median priced home. If the number of millionaire households is correct, then the other 90% of households are a long way from ever reaching millionaire status.

[Ex-SD]

I remember reading several articles in the UT over the last couple of years that said, less than 5% of the population of SD could qualify for a median priced home. If the number of millionaire households is correct, then the other 90% of households are a long way from ever reaching millionaire status.

[Author]

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