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The Millionaire Next Door: Inland Empire

By
Real Estate Agent with KASI Homes DRE #01489340

Yes, you read right. The Inland Empire has the Millionaire Next Door. The Glencrest Inland Empire Wealth Study conducted by Wilkin Guge Marketing, revealed recently that 57% of respondents living in the 91 corridor (Riverside, Corona, Norco, Moreno Valley) report a net worth in the $1,000,000 to $3,000,000 range. 29% reported net worth greater than $3,000,000. This Millionaire Next Door earns their money in stocks, real estate, and corporate earnings, as well as business professional practices owned. Top ways that these wealthy like to spend their money include travel, dining and home improvement. And when it comes to internet usage, 9 out of 10 say that they spend at least one hour per week on the internet. For more information on this study read the September 2007 edition of Inland Empire Magazine.

 

Posted by

Keisha Hosea, Broker

1-877-534-7421

KASIHomes.com

BRE #01489340

 

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Comments(3)

Jason & Deanna
Breckenridge, CO
I no longer live in the area but built a home there 5 years ago and sold it 1 1/2 years ago so I believe it. Interesting info Keisha.
Sep 23, 2007 02:48 PM
Christi Stewart
Prudential California Realty - Laguna Niguel, CA
Prudential Calif. Realty
I don't doubt that at all.  I know alot of people who sold their homes in Orange County and then bought a bigger home in the Inland Empire for the half the price.  If they were smart, which it sounds like so many of them were, they invested their profits and have seen great returns.
Sep 23, 2007 02:53 PM
Keisha Hosea- KASIHomes.com
KASI Homes - Chino Hills, CA
Real Estate Solutions For Real People

Christi, the interesting tidbit is that this study did not even focus on those that moved from Orange County to the Inland Empire. This was one of the points that really intrigued me. Thanks for the post.

Sep 24, 2007 10:45 AM