Gen Z HENRYs Earn $565K but Continue Renting

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Source: Business Insider
Gen Z HENRYs Earn $565K but Continue Renting
Photo: Business Insider
TL;DR Summary

A small subset of Gen Zers are classified as HENRYs, earning over $250,000 annually, with an average income of around $565,000. They tend to be younger, more likely to be married, self-employed, and renters, often living in higher-value properties. Despite high earnings, many feel they need $200,000 or more to feel secure and experience financial stress, highlighting a disconnect between income and perceived financial stability.

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