Making it into the millionaires’ club isn’t what it used to be, at least according to data from an online study by Logica Research in 2023. The respondents, who had a mean household income of $93,000 and median income of $68,000, said that $2.2 million in personal net worth was needed to “be wealthy”. Paradoxically, about half of those same individuals reported feeling well off with an average net worth of only $560,000. The chart summarizes how 1,000 survey respondents across America described what wealth means to them.
