Quote:
Originally Posted by YOWetal
Actually more than 25% of Toronto households make more than $100,000. So it might be upper middle class but it is not rich.
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25% of
households. For a double-income couple that comes out to $50k per person.
$100k per person is ~95% percentile. That qualifies as rich.
I sit corrected. But $48K is still much lower than $100K.