On 1/11/14, 1:16 PM, Merle Lefkoff wrote:
What do you mean by "rich"?
If you go by New Mexico, where the mean household income is $70,760, and
define rich to be "the 1%".
http://factfinder2.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_12_5YR_DP03
And assume that income distribution is distributed exponentially..
http://arxiv.org/pdf/cond-mat/0008305v2.pdf
Then "rich" households ought to start at $326k (1%), $212k (5%), $163k
(10%), $114k (20%).
The first link says that 3.6% of families in NM population make more
than $200k.
Marcus
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