I looked up the percentage of millionaires in Florida. I looked up the percentage of millionaires in Orlando. I looked at the latest Census for the average income in the Villages. IMHO 39% is awful high! There is another thread on this forum entitled Will The Truth Become a Trend. I guess if you google only one source, you get nearly 39% of Villagers are millionaires. I am having a hard time believing it.
All the numbers I look at are in the 5-7% range. Some even lower. 1 in 2 people is 50%. If nearly one in two people are millionaires here: few would complain about rising insurance rates, the cost to put on a new roof, the increase in fire assessment, etc.etc. I know quite a few people who have lived here for 20 plus years. The cost of their new home at that time was under $100,000. I personally know none of them are millionaires. People who lived here for 10 plus years. The cost of their homes low $200,000. I personally know none of them are millionaires. Most of the people I know sold their homes up north, paid cash for the home in the Villages and are living off monthly pension and social security. 39% seems off!
Last edited by Randall55; 09-05-2023 at 12:16 PM.
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