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Who Is Affluent?

affluent
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Who Is Affluent?

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When considering New York City households, the characteristics of the affluent seem to prove F. Scott Fitzgerald’s assertion that “the rich are different from us.” Of the three million households in New York City in 1999, only about 110,000 (or about one in 26) had incomes above $200,000. The members of those households are very different from the rest of New York City’s population. These elite are much more non-Latino white (83 percent compared to 42 percent of the population as a whole), and more likely to include a married couple (64 percent compared to 37 percent). Householders of the affluent households are better educated (79 percent of those over 25 with at least college compared to 28 percent.); more likely employed (93 percent compared to 73 percent), and more likely in managerial, business and finance, or professional and related occupations, (73 percent compared to 36 percent). Fully 56 percent of the affluent households consist of a married couple family with both partners

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