Interesting post. I too thought it would be higher based on many of the fellow Villagers that I've met who have sold their expensive up north homes and put a portion of the money into their dream home in TV.
$570k in the year 2000 is worth just over $1M in 2023, so being a "millionaire" really isn't that big of a deal anymore.
There's over 22 million millionaires in the US.
In the all of the top 15 most expensive cities in the US, the average home is over $1M.
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