In phrases of being rich, jam matters.
That’s since the quantity of income try to be in spite of all the pieces 1% of earners can vary by more than a half of million dollars looking out on which U.S. speak you live in, per a recent evaluation by non-public finance internet web page online SmartAsset, which analyzed 2020 IRS records, adjusted to 2023 dollars.
In Connecticut, households wish to provide an annual income of $952,902 or more to be fragment of the end 1% of earners.
That’s nearly three situations the quantity wished to be in spite of all the pieces 1% of earners in West Virginia, where the threshold is $367,582.
Nationally, households making $652,657 or more are considered among the many end 1% — nearly eight situations the median family income, which is about $75,000, per the gaze.
States with huge urban hubs worship California and Unique York have a tendency to maintain bigger-paid residents when put next with rural Southern and Midwestern states worship Mississippi or Iowa, per SmartAsset’s evaluation.
While residents in extra urban states have a tendency to provide more, they also on the total maintain a bigger payment of living, which moderately offsets those bigger incomes.
Beneath are the family incomes wished to be fragment of the end 1% in every speak, ranked from the very top threshold to the bottom.
Table of Contents
1. Connecticut
- Prime 1% income threshold: $952,902
2. Massachusetts
- Prime 1% income threshold: $903,401
3. California
- Prime 1% income threshold: $844,266
4. Unique Jersey
- Prime 1% income threshold: $817,346
5. Washington
- Prime 1% income threshold: $804,853
6. Unique York
- Prime 1% income threshold: $776,662
7. Colorado
- Prime 1% income threshold: $709,092
8. Florida
- Prime 1% income threshold: $694,987
9. Illinois
- Prime 1% income threshold: $660,810
10. Unique Hampshire
- Prime 1% income threshold: $659,037
11. Wyoming
- Prime 1% income threshold: $656,118
12. Virginia
- Prime 1% income threshold: $643,848
13. Maryland
- Prime 1% income threshold: $633,333
14. Texas
- Prime 1% income threshold: $631,849
15. Utah
- Prime 1% income threshold: $630,544
16. Minnesota
- Prime 1% income threshold: $626,451
17. Nevada
- Prime 1% income threshold: $603,751
18. South Dakota
- Prime 1% income threshold: $590,373
19. Pennsylvania
- Prime 1% income threshold: $588,702
20. North Dakota
- Prime 1% income threshold: $585,556
21. Georgia
- Prime 1% income threshold: $585,397
22. Oregon
- Prime 1% income threshold: $571,813
23. Arizona
- Prime 1% income threshold: $564,031
24. Idaho
- Prime 1% income threshold: $560,040
25. North Carolina
- Prime 1% income threshold: $559,762
26. Montana
- Prime 1% income threshold: $559,656
27. Kansas
- Prime 1% income threshold: $554,912
28. Rhode Island
- Prime 1% income threshold: $548,531
29. Tennessee
- Prime 1% income threshold: $548,329
30. Alaska
- Prime 1% income threshold: $542,824
31. Nebraska
- Prime 1% income threshold: $535,651
32. Delaware
- Prime 1% income threshold: $529,928
33. Vermont
- Prime 1% income threshold: $518,039
34. Wisconsin
- Prime 1% income threshold: $517,321
35. South Carolina
- Prime 1% income threshold: $508,427
36. Michigan
- Prime 1% income threshold: $504,671
37. Maine
- Prime 1% income threshold: $502,605
38. Missouri
- Prime 1% income threshold: $500,626
39. Ohio
- Prime 1% income threshold: $500,253
40. Hawaii
- Prime 1% income threshold: $495,263
41. Iowa
- Prime 1% income threshold: $483,985
42. Indiana
- Prime 1% income threshold: $473,685
43. Alabama
- Prime 1% income threshold: $470,341
44. Oklahoma
- Prime 1% income threshold: $460,172
forty five. Louisiana
- Prime 1% income threshold: $458,269
46. Arkansas
- Prime 1% income threshold: $450,700
47. Kentucky
- Prime 1% income threshold: $445,294
Forty eight. Unique Mexico
- Prime 1% income threshold: $411,395
49. Mississippi
- Prime 1% income threshold: $381,919
50. West Virginia
- Prime 1% income threshold: $367,582
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