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IPFS News Link • United States

How Much Does It Take To Be In The Top 1% In Each US State?

• by Tyler Durden

But how many people think, or know, that they really belong to the top 1% in the country?

Using data from personal finance advisory services company, SmartAssetVisual Capitalist's Pallavi Rao and Miranda Smith reveal the annual income threshold at which a household can be considered part of the top 1% in their state.

Some states demand a much higher yearly earnings from their residents to be a part of the rarefied league, but which ones are they, and how much does one need to earn to make it to the very top echelon of income?

Ranking U.S. States By Income to Be in the Top 1%

At the top of the list, a household in Connecticut needs to earn nearly $953,000 annually to be part of the one-percenters. This is the highest minimum threshold across the country.

In the same region, Massachusetts requires a minimum annual earnings of $903,401 from its top 1% residents.

Here's the list of all 50 U.S. states along with the annual income needed to be in the 1%