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Benzinga

Benzinga

The number of millionaire households in the U.S. is rising. Here's what you need to know

Benzinga
Summary
Nutrition label

62% Informative

According to the Federal Reserve's 2022 survey, approximately 18% of U.S. households had at least seven figures net worth.

That's roughly 23.7 million millionaire households across the country.

Millionaires often live below their means and prioritize saving over spending.

Majority aren't high earners either most didn't hit six -figure salaries during their careers.

VR Score

54

Informative language

51

Neutral language

26

Article tone

informal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

16

https://www.benzinga.com/personal-finance/24/10/41146426/can-you-guess-the-top-5-careers-of-millionaires-according-to-dave-ramsey-spoiler-alert-theyre-no?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41320015https://www.benzinga.com/money/invest-with-roots?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41320015https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41320015https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9spja3yaad2&utm_source=yahoohttps://www.benzinga.comhttps://www.benzinga.com/personal-finance/24/10/41193824/are-you-rich-enough-to-be-in-the-top-1-heres-both-the-income-and-net-worth-you-need-to-rank-amon?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41320015https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41320015https://www.benzinga.com/personal-finance/24/08/40114486/can-you-guess-the-average-age-of-a-millionaire-heres-a-clue-theyre-mostly-baby-boomers-42-of-the?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41320015https://www.benzinga.com/personal-finance/24/10/41320015/guess-what-percent-of-households-have-over-1-million-you-might-be-shocked-by-the-number-of-millihttps://www.benzinga.com/quote/AAPL?getReport=1https://www.benzinga.com/money/are-you-rich?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41320015https://www.benzinga.com/money/fundrise-flagship-fund?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41320015https://www.benzinga.com/money/62-years-old-with-1-mil-saved?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41320015https://www.benzinga.com/quote/TSLA?getReport=1https://www.benzinga.com/money/retire-5mil-nest-egg?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41320015https://www.benzinga.com/money/money-pickle?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41320015

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