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Real Estate
Reply to "Wealthiest Neighborhood in the District"
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[quote=Anonymous][quote=Anonymous]What is considered "wealthy" in DC in terms of networth? It seems to me this board is full of upper class elites if so many of you REALLY can afford a 3 mil house. You networth must be at least 10 mil to be able to afford this, right? Just wonder what do these people do for a living... [/quote] I just heard on WTOP this morning that according to some national organization for lawyers (may have been ABA), that 1 in 12 residents of the district are lawyers and that 1 in 25 of all American lawyers is in the DC metro area. We have an extremely dense population of lawyers (perhaps in more than one meaning of the word?), so we have a pretty hefty set of people who are likely to be able to afford $1M+ houses. I would think that having a HHI of $500K or above is wealthy. It's pretty sad to think that with our HHI of $200K that we're only upper middle class, but not rich. But, we're content with where we are.[/quote]
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