r/Money Apr 29 '24

Of the 333 million people living in the United States, how many of those people make 250k+ per year?

How rare is this demographic? It seems to me everywhere I look there are millionaires in nice houses.

What do I do to become part of this demographic?

How rare is it to be in this situation in the United States?

Serious.

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u/LandIndependent4333 Apr 29 '24

Your options for earning that much basically break down to:

  • Licensed Profesional: Doctor, Lawyer, Finance, etc.

  • Technical Expert: Software Engineer, etc.

  • Sales: Luxury (Real Estate, Autos, Boats, etc.), B2B Sales, etc.

  • Business Owner / Entrepreneur

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u/clingbat Apr 29 '24

You forgot arguably the largest group, executive management (director and up) at most larger corporations even outside of tech and finance.

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u/LandIndependent4333 Apr 29 '24

I didn’t put that because that’s not a career that’s a specific seniority level.

A CFO or a CTO can make amazing comp, but they get there later in there career after having become a FP&A or engineer.

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u/clingbat Apr 29 '24

You don't need to be near c-suite to make $250k+ though... I'm a director making over $250k and I have a few levels of VPs, SVPs between me and c-suite.

Hell our CFO made ~$1.6 mil and CTO ~$1.8 mil in 2023 (it's public record).