Monday, September 25, 2023
Hawai'i Free Press

Current Articles | Archives

Wednesday, December 1, 2021
How Much Do You Need To Be ‘Rich’ in Hawaii?
By Selected News Articles @ 11:00 PM :: 2355 Views :: Hawaii Statistics, Cost of Living

How Much You Need To Be ‘Rich’ on the West Coast of the United States

from GoBankingRates, November, 2021 (excerpts)

When it comes to wealthy states, few can compete with California. Despite Elon Musk’s move to Texas, California still has more billionaires than any state in the country. However, there is a big difference between being a billionaire and merely being among the wealthiest in a state or region.

Not only that, but the West Coast is large and varied. If we look to not just California but also to Oregon and Washington and even parts of the Mountain West, we can see there is much more to it than a handful of billionaires. Indeed, there are many levels of income and wealth throughout the region.

To hone in on how much you would need to be “rich” on the West Coast by being among the top 20% of earners or even the top 5%, GOBankingRates conducted a study of U.S. Census Bureau and American Community Survey data. Here, we’ll take a look at a few states on the West Coast (and beyond) that show just how varied the necessary levels of wealth actually are.


We may not always think of Hawaii as a West Coast state since it is completely separated from the lower 48. But, of course, Hawaii is the westernmost state in the U.S. and is surrounded by the Pacific Ocean. The cost of living in Hawaii is known to be particularly high, and incomes follow. The minimum income to be in the top 5% in Hawaii is $150,863; that is second only to California among West Coast states. The averages for the top 20% and the top 5% in Hawaii are $247,294 and $413,913, respectively….

read … Full Report


TEXT "follow HawaiiFreePress" to 40404

Register to Vote


808 Silent Majority

Aloha Pregnancy Care Center


Antonio Gramsci Reading List

A Place for Women in Waipio

Back da Blue Hawaii

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii


Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together



Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Moms for Liberty

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport


OHA Lies

Opt Out Today

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii


Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

School Choice in Hawaii

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii