If you make at least $52,498 in Detroit, you're considered rich

Everybody has their own definition of what "being rich" actually means. And a lot of it is relative to where you live, especially in the U.S.

Business Insider sought to define just what it means to be considered rich in many of America's largest cities. "What's considered rich in Seattle is nearly $100,000 more than what's considered rich in Detroit," writer Hillary Hoffower points out.

Read more: This is Michigan's richest county

So what is considered rich in Detroit? If you make at least $52,498 a year and live in the Motor City, you're rich. That's the lowest number found in Business Insider's study.

Business Insider explains its methodology:

"We pooled 5-year estimate data from the U.S. Census Bureau's American Community survey, combining results on median household income from 2012-2016 to determine just how much you need to earn in the most populated city in every state, including Washington DC, to be considered rich (hint: it's at least twice the median household income)."

The median household income in Detroit is $26,249, which is exactly half of the number needed to be considered rich. The totals you see from other cities are determined by that number for median household income.

Other notable cities:

Milwaukee: At least $73,602

Philadelphia: At least $79,540

Indianapolis: At least $86,202

Chicago: At least $100,868

Las Vegas: At least $101,764

New York City: At least $110,382

Boston: At least $117,032

Washington, D.C.: At least $145,870

Seattle: At least $148,916

The highest city on the list? Anchorage, Alaska (at least $161,724).

Of course, this study only measures the city of Detroit; go just north to Oakland County and the definition of rich surely changes, big time. The median household income is pegged at higher than $96,000 a year there. In Macomb County, it's just more than $75,000 a year.

Contact Brian Manzullo: bmanzullo@freepress.com. Follow him on Twitter @BrianManzullo.

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