Classical music lovers make the most money: Survey
Your music tastes and bank account have a lot more in common than you think, according to TD Ameritrade.
The company surveyed over 1,500 millennials to explore the relationship between music preferences and financial attitudes, and found those who listen to classical music — Beethoven, Mozart, and Bach among others — rate the highest in feeling financially secure, minimum income to feel happy, and investing in the stock market.
These music lovers make an average income of US$114,000 a year, which is almost double that of country music fans who rake in just $58,000.
According to the New York Post, Christine Russell, the senior manager of retirement and annuities at TD Ameritrade, says the difference in earnings may be because classical music enthusiasts tend to come from higher income, urban environments where education and affluence levels are greater; compared to country music aficionados who may come from rural, less affluent areas.
Other studies that looked at the benefits of listening to classical music found it can boost your academic performance, IQ, and productivity.
Here’s a rundown of what lovers of other music genres make on a yearly average, per the newspaper:
- Electronic – $92,000
- Rap/Hip-Hop -$69,000
- ’80s/’90s – $67,000
- Hard rock – $65,000
- Pop/Top 40 – $61,000
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