![]() ![]() The Seattle area is home to many high-profile employers, like Amazon and Microsoft, making it a popular destination for employees looking to land job with a popular technology company. It ranks third on a list of the most expensive cities to live in, with housing costs making up an average of 22.84% of residents’ income. The top 20% of the population in the Emerald City earn $346,862 on average. The city that ranks fifth is Seattle, WA. Some of the biggest employers in the Boston area are Massachusetts General Hospital, Boston University, and Liberty Mutual. according to 2021 estimates, and the mean income of the top 20% of the population is $393,292. The Boston-Cambridge-Newton area of Massachusetts is the 11th most populous metro area in the U.S. metro area include major companies like Lockheed Martin in North Bethesda, MD, and Marriott International in Bethesda, MD.Ĭoming in fourth is Boston, MA. Aside from being the hub of politics in the United States, Washington, D.C., is the headquarters of a lot of governmental organizations and agencies, like the U.S. Third on the list is Washington, D.C., which is estimated to be the sixth most populous metro area in the country. Major corporate employers in San Francisco include Uber, Lyft, and Twitter. San Francisco was estimated to be the 13th most populous metropolitan area in 2021 and is one of the wealthiest areas in the United States. ![]() How much money is considered rich in San Francisco, the second city on the list? That would be $442,934. Some of the biggest companies that have headquarters in San Jose are Cisco, PayPal, eBay, and Adobe. It has the highest percentage of homes over $1 million in the entire country. San Jose is the largest city in Silicon Valley, which also has some of the most expensive housing costs. The top 20% of the population earns $500,341 on average. The city where you need to earn the most to be considered rich is San Jose, CA. Cities Where You Need to Earn the Most to Be Considered Rich Census Bureau and compared the median income of the top 20% of the population in each of the 50 most populous cities in the country to see how much money you need to make in order to be considered rich. Madison Trust Company researchers studied data from the U.S. How much does it really take to be considered rich in the U.S.’s most populous cities? Housing markets, food costs, taxes, and transportation expenses can all play a part in how much you need to make in a particular city to live comfortably. The cost of living varies greatly across the country, and what is considered rich in one city may leave someone else barely scraping by in another.
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