New figures from Charles Schwab show in the famously expensive Bay Area you must have $4.2 million in total holdings to be considered wealthy.
The figure is nearly double the national average of $2.4 million.
While earning $115,000 annually puts you in the "well off" category across the nation, Charles Schwab notes you'll need to make more than $300,000 a year to earn that status in the Bay Area.
NBC Bay Area's Scott Budman has more in the video report above.
