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According to that article, $150,000 household income is less than the median household income for upper-income residents in my city. There’s a huge difference between that and the nearly $500,000 income that puts you in the top 1 percent of my city. Maybe it’s tomato/tomahto but the difference in purchasing power there feels huge to me. I get that it counts as very affluent, but I feel like there’s usefulness in distinguishing between the extraordinarily wealthy (5%ers and thereabouts) and the simply affluent. I think of the former as “rich.”

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