Number of Affluent Households Soars in 2005
Clint over at Million Dollar Goal has a post about an interesting study done by Phoenix Marketing International on the number of affluent housholds in the US. He does a nice job summarizing it, so I am not going to go into it much.
I find the segments that they cover in the Affluent Market Service interesting. They include:
I find the segments that they cover in the Affluent Market Service interesting. They include:
- Near Affluent: $50k to less than $150k income and less than $250k investable assets
- Emerging Affluent: $150k+ income and less than $250k investable assets
- Mid-Tier Affluent: $250k-$999k investable assets
- Millionaires: $1 million+ investable assets
- Penta-Millionaires: $5 million+ investable assets
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