High Income
"High income" refers to earnings that are significantly above the average wage in a given area or industry. This level of income can provide individuals with greater financial security, allowing for increased savings, investments, and discretionary spending. High-income earners often have access to better housing, education, and healthcare options.
In many countries, the definition of high income varies based on local economic conditions. For example, in the United States, a household earning over $200,000 annually is often considered high income. This classification can influence tax brackets, eligibility for certain programs, and overall lifestyle choices.