“Half of all households make less than $50,000 a year–the Hendersons make nine times that. 90% of households make less than $100,000 a year–the Henderson’s make 4.5 times that. The Henderson’s are solidly in the top 1% of American households, in the select 1% group that receives more than $350,000 a year.
“By any standard, they are really rich.
“But they don’t feel rich. . . .”
From a rambling but very interesting post by Brad DeLong on why the rich feel hard-pressed.
The amounts are gross income — that is, before taxes.