Here's What You Need To Be Considered Rich In San Diego

By Rebekah Gonzalez

December 13, 2021

Photo: Getty Images

A new report revealed how much money you need to make to be considered rich in 50 American cities.

Go Banking Rates used U.S. Census Bureau income data to determine the salary a household needs to be "rich," which they define as being in the city's top 20% of earners.

So how much do you need to earn to be considered rich in San Diego?

According to their findings, in San Diego, you'll need to earn $157,252 or more to be considered a rich person - in the top 20% of the city's 1.4 million residents.

The top 5% of earners in San Diego make $479,743 on average, according to the report.

In almost every city Go Banking Rates analyzed, residents, need a six-figure salary to qualify as rich.

One of the most expensive spots was also in California. In San Francisco, you'd need to earn around $239,000 to be considered rich.

Detroit was one of the least expensive. You'd need to earn $66,139 or more to land in the top fifth of the city's earners.

Across the nation, the Census found that the median household income was $67,521 in 2020, which is a nearly 3% decline from the year before.

Read the full study here.

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