If you are someone who thinks only wealthy people listing to classical music, a new report suggests you might be right. A study by TDAmeritrade reveals that fans of classical music do tend to make more money than fans of other musical genres.
The survey questioned 1,500 millennials, although the company believes their findings hold true for all age groups, and found that those who listen to classical music are likely to make more than $114,000 a year. What’s more, they’re likely to feel more financially secure and better set for retirement than fans of other musical genres.
Overall, the survey found the following incomes for each music genre:
Classical – $114,000
Electronic – $92,000
Rap/Hip-hop – $69,000
’80s/’90s – $67,000
Hard rock – $65,000
Pop/Top 40 – $61,000
Country – $58,000
With country music fans having the lowest incomes, the survey finds they also have the least financial security. Researchers suggest it is likely because they come from rural and less affluent areas.
What type of music do you tend to listen to most?