What Does Richest Zip Codes In The World Mean
Every now and again, you might come across lists that go something like “Richest Zip Codes In The World” or “Postcodes Of The Rich And Wealthy” and wonder what that even means. Well, in the most general sense, these are basically lists where postal codes are ranked based on a number of factors that can make them seem like where the elite of society live or shop. When getting something like an Amsterdam city pass, for example, you’ll likely learn where these postal codes are in that city. So, how exactly are the postal codes on this list determined? What are the criteria? Let’s take a look at some of them, shall we?
There are a lot of things that can determine how rich any given place is, but the most notable of them would have to be the rental prices of the establishments in the area. If an apartment, office space, or parking area costs more per month than a regular person makes in a year, for example, that makes the location incredibly rich. This is what most lists base their criteria on when determining which postal codes can be considered the richest. Though, it would actually be more accurate to call such locations the most expensive and only the most affluent of individuals could even hope to get a space there.
Concentration Of Wealthy Individuals
To really call a postal code wealthy, you would need it to be a place where the concentration of wealthy individuals is abnormally high. These are usually places like Singapore, where the number of millionaires and billionaires has surpassed many of the world’s major cities. When you have people or families that make eight figures residing in just a few square miles of each other, this would make that postal code undeniably wealthy.
Incredibly Expensive Stores
Aside from residence, there’s also the matter of places that these rich individuals visit to consider. This is basically where movie stars, millionaires, trust fund heirs and so on come to shop and burn their mountains of money. These are usually found in fashion capitals like Venice, Paris and so on.