Oh yeah... IIRC it takes at least a 4.5 to start doing some damage to property and what not. To me, I find it funny when there something less happens and it knocks some of the smaller things over and people freak out.... They act like it's the first time they have ever been in an earthquake. They occur more often than most people realize, they just don't notice them. We had a couple good one's down here. One that took out sections of the freeway and had building collapse back in 1994 known as the Northridge earthquake. AT the time it seemed like the apocalypse was happening. That was a 6.7 but it was also a fault line they were unaware of at the time. and the damage and destruction went right through a city causing Billions in damage and several deaths.
If you notice on this list on wikipedia it has to be at least a 5.0 to be considered a Notable Earthquake. The lowest one being a 4.9 in the 1920's but building codes and standards have changed since that time.
en.wikipedia.org