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In our sort-of-egalitarian society, phrases like “poor but happy” and “poor little rich kid” are treasured clichés, helping the non-rich believe they’re as content as their wealthier compatriots. But Gallup-Healthways Well-Being Index polling in the first three quarters of 2010 finds income does correlate positively with happiness (see the chart), at least when people are asked about how they felt “a lot of the day yesterday.”
The disparities reflect more than a passing mood. The same polling found 29 percent of the under-$24,000 cohort saying they’ve been “diagnosed with depression,” vs.
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