Originally Posted by
KraneXL
In fact, not even wealthy. I would define that beginning at $300,000 at the conservative end, but generally $400,000-$900,000.
On the other hand, wealthy can also indicate a state-of-mind where you never have to worry about the basic needs of life such as clothing, food, shelter, transportation, etc. .
Nevertheless, these can be readily defined in many text relating to sociology-economic class. Rich is typically agreed upon to be someone who's income is at or above $1,000,000.
You are making the common error of confusing
income and
wealth. They are related, but not the same thing.
And, speaking as a professional economist, I can tell you that there is no standard cutoff/threshold/amount of
anything that is considered "wealthy;" the very concept of 'wealthy' is subjective.