SURVEY: How Much Money Does it Take to be Rich in America?

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How much money does somebody have to have before you'd consider them rich?

According to a new survey, people who call themselves rich have a median income of $425,000 and a net worth of $5 million.

Again, that’s rich people talking.

In the survey, people who aren’t necessarily rich offered up different answers.

When you combine poor people and middle class people into the mix, they believe you need to make more than $500,000 per year and have a net worth of $10 million to be rich. 

SOURCE: Yahoo Finance

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