How did the average Millionare become a Millionaire?
Inhereted
33%
Steady job
31%
Small business owner
36%
Gamble/lottery
0%
What does this millionaire drive?
High end sportscar (Porsche, etc.)
5%
Ford F150 or Toyota
64%
Mercedes/BMW
28%
No car, public transport
3%
How long does the aerage millionaire keep their car
1 year, new car every year
8%
2-3 years
23%
5+ years
69%
Does the average millionaire buy new or used?
Most buy new
23%
Split new vs used
49%
Most buy used
28%
How big is the average Millionair's house
1,000 sq ft to 2,500 sq ft
18%
2,501 sq ft to 3,000 sq ft
23%
3,001 sq ft to 5,000 sq ft
51%
5,001 + sq ft
8%
What is the average home value of the average millionaire
Less than $300,000
5%
Less than $600,000
49%
Less than $1mm
33%
Over $1mm
13%
How often does the average Millionaire sell their house?
Every 3-5 years
5%
Every 6 to 10 years
15%
Every 10 to 15 years
21%
Every 16 to 20 years
15%
20+ years
44%