This kind of puts things in perspective. For all the salary discussions on here, if you’re a SM or higher, you’re in the top 1-2% of the whole nation.

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Charge your phone bruh

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It puts some things into perspective but keep in mind, salary level doesn’t equate to wealth. The wealthiest 1% likely do not earn an annual salary of $250k. Income and wealth will be correlated but they are not the same thing, and the correlation will be weakest at the tails

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SA1 I don’t think you know what a pretty average life is like

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When’s the last time anyone compared themselves to the rest of the nation? We compare (compete) vs people within our industry and people with similar education levels.

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Or instead of debating semantics, we could take a minute and be really incredibly thankful for what that means in our lives. Yes, consultants tend to work long hours and in challenging and frustrating gigs, but so does a single parent who doubles up in food service days and security nights to feed their family.

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Interesting - seems like housing prices in major cities are only tailored to the top half of 1% - which I never quite understand

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In New York City and SF, you live a pretty average life with that income. Elsewhere, you’re rich. I think top 1% in NY is $450,000-$550,000 and up, if I remember correctly.

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https://www.cnbc.com/2017/06/14/how-much-you-have-to-earn-to-be-in-the-top-1-percent-in-the-biggest-us-cities.html

This gives the city breakdown. As you can see SF and NYC are crazy high

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Big if. I’m not SM or higher. I know I get peanuts 🥜 .

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There are some good calculators out there that will tell you your exact income %. For some reason I thought top 1% had moved to 350k+...

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Food for thought: No one ever got to the 1% by working for someone else their whole lives...

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But A1, that’s the thing with averages...look at how many of the top 5% of earners live in those big cities vs elsewhere; of the 160M, that’s 8M people. Also the data doesn’t distinguish if this is individual or household which would also dramatically change your interpretation- though I would bet this is individual.

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Good for directional guidance at best...

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This is just for salary... the top 1% makes more money!

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This is not accurate, i make 300k+ and am not in the 1% but i would love to believe i am as i can sleep better at night.

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1% net worth is more important.

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Me: Can I afford to buy an Aston Martin ?
Answer: No
Me: Put your a** to work..

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Household income not single income earners yo

Seems legit given that they apparently have more than one life. @BA1

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