This is how far you are from being rich in Denver.
, defines rich people as individuals whose income lands in the top 20 percent bracket for the place where they live — a debatable standard, but one that allows for easy community-to-community comparisons. So, too, do the three major statistical breakdowns presented for the 25 cities analyzed: the lowest income to be considered rich, the average income of those in that city's top 20 percent, and the average income for the top 5 percent.
In Denver, that breaks down to a minimum income of $150,375 to qualify as rich, $277,734 to hit the average for those in the top 20 percent of income earners, and a top 5 percent average of $512,101. All of these figures have risen since GoBankingRate's 2014 survey on the subject, when Denver finished tenth on the list.
But as the 2022 survey documents, qualifying as rich just keeps getting more challenging. Here's its list of 25 major American cities, ranked from the lowest to the highest income required to hit the top 20 percent.Average Income of the Top 20%: $122,571Lowest Income to be Considered “Rich” : $88,188Lowest Income to be Considered “Rich” : $98,35622.
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