Kristin Lessard & Steve Kelly

Kristin Lessard & Steve Kelly

Kristin & Steve, weekday mornings from 5-10!Full Bio

 

Just How Wealthy Was The Family on "Home Alone"?

The Holiday classic, “Home Alone” which was released in 1990 and has been watched over and over by millions every year. Anyone who’s seen it sees the McCallister family has a nice house in a nice neighborhood and a vacation fund big enough for everyone to travel to Paris for Christmas. You ever wondered just how rich thi family really is?

Well the folks at “The New York Times” did some research to find out. They had some help from economists at the Federal Reserve Bank of Chicago to crunch some numbers and find out how rich they are-

  • The best clue to how much money the McCallisters have is their home.
  • The real house used for exterior shots in the movie is located in the Chicago suburb of Winnetka, one of the most expensive neighborhoods in the world.
  • Not only are there enough bedrooms for Kevin and his four siblings to have their own, there’s also plenty of space for a house full of relatives.
  • According to those Federal Reserve economists, the house was only affordable to the top 1% of Chicago household incomes back in 1990, and that’s still the case today.
  • A Zillow estimate for the real home reveals the cost would be about $2.4-million, which would be affordable with a household income of $730-thousand, and that would be in the top 1% of Chicago-area households, according to the economists.

Source: The New York Times

Rich businessman is holding a wad of money

Photo: turk_stock_photographer / iStock / Getty Images


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