Talk of The Villages Florida - View Single Post - TV residents: 39% are millionaires
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Old 09-06-2023, 09:10 AM
manaboutown manaboutown is offline
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Except for those who come from wealthy families, and/or inherit significant sums, most people do not reach millionaire status until at least their 50s. Since The Villages is mostly occupied by people in their 50s and older, who are homeowners and receive income from investments, pensions, and perhaps other sources, far more are likely to be millionaires than in a typical urban venue. It is the demographic that skews the percentage so far above average.
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