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Here’s How Much Money You Need To Make To Be In The Top 1% Of Every State

Economic Policy Institute

Come on, admit it. You know you’re curious about how the other half lives.

But just how much money do you really need to be rich?

The answer depends on where you live—of course, it’s no surprise that you need to make a lot more money to be wealthy in New York than in Arkansas.

The Economic Policy Institute did some digging to find out just how much you’d have to earn to be considered part of the top 1 percent of earners in your state. Nationally, you need to earn $389,436 a year, before taxes, to be considered in the top 1 percent of earners in the United States.

Economic Policy Institute

Here’s the state-by-state breakdown of how much income you need to earn to be part of the top 1 percent of earners in your state (the map above rounds up). And just in case you were curious, we threw in the amount you’d have to earn to be in the top .01 percent—try not to faint.

Alabama

Top 1 percent: $283,899
Top .01 percent: $3,992,394

Alaska

Top 1 percent: $365,332
Top .01 percent: $4,781,020

Arizona

Top 1 percent: $309,102
Top .01 percent: $5,090,195

Arkansas

Top 1 percent: $237,428
Top .01 percent: $5,323,445

California

Top 1 percent: $453,772
Top .01 percent: $10,484,559

Colorado

Top 1 percent: $410,716
Top .01 percent: $7,517,480

Connecticut

Top 1 percent: $659,979
Top .01 percent: $18,725,678

Delaware

Top 1 percent: $342,699
Top .01 percent: $4,402,704

Florida

Top 1 percent: $385,410
Top .01 percent: $9,503,505

Georgia

Top 1 percent: $345,876
Top .01 percent: $5,435,322

Hawaii

Top 1 percent: $281,620
Top .01 percent: $4,357,613

Idaho

Top 1 percent: $292,324
Top .01 percent: $4,768,525

Illinois

Top 1 percent: $416,319
Top .01 percent: $8,634,123

Indiana

Top 1 percent: $296,640
Top .01 percent: $4,448,865

Iowa

Top 1 percent: $317,234
Top .01 percent: $4,190,419

Kansas

Top 1 percent: $351,497
Top .01 percent: $6,867,921

Kentucky

Top 1 percent: $267,635
Top .01 percent: $3,716,230

Louisiana

Top 1 percent: $325,163
Top .01 percent: $5,717,205

Maine

Top 1 percent: $282,474
Top .01 percent: $3,435,796

Maryland

Top 1 percent: $421,188
Top .01 percent: $6,473,201

Massachusetts

Top 1 percent: $539,055
Top .01 percent: $12,718,018

Michigan

Top 1 percent: $306,740
Top .01 percent: $5,705,460

Minnesota

Top 1 percent: $411,022
Top .01 percent: $6,772,630

Mississippi

Top 1 percent: $264,952
Top .01 percent: $3,279,541

Missouri

Top 1 percent: $305,471
Top .01 percent: $5,715,368

Montana

Top 1 percent: $297,689
Top .01 percent: $4,628,105

Nebraska

Top 1 percent: $346,252
Top .01 percent: $5,704,685

Nevada

Top 1 percent: $311,977
Top .01 percent: $10,930,356

New Hampshire

Top 1 percent: $359,844
Top .01 percent: $7,123,629

New Jersey

Top 1 percent: $547,737
Top .01 percent: $9,902,751

New Mexico

Top 1 percent: $231,276
Top .01 percent: $3,853,057

New York

Top 1 percent: $517,557
Top .01 percent: $15,788,964

North Carolina

Top 1 percent: $327,549
Top .01 percent: $4,402,239

North Dakota

Top 1 percent: $481,492
Top .01 percent: $8,604,082

Ohio

Top 1 percent: $317,124
Top .01 percent: $4,610,782

Oklahoma

Top 1 percent: $324,935
Top .01 percent: $6,545,212

Oregon

Top 1 percent: $312,839
Top .01 percent: $4,727,899

Pennsylvania

Top 1 percent: $360,343
Top .01 percent: $6,125,315

Rhode Island

Top 1 percent: $336,625
Top .01 percent: $5,958,482

South Carolina

Top 1 percent: $288,042
Top .01 percent: $3,988,813

South Dakota

Top 1 percent: $386,622
Top .01 percent: $6,946,192

Tennessee

Top 1 percent: $308,834
Top .01 percent: $5,517,447

Texas

Top 1 percent: $424,507
Top .01 percent: $9,548,502

Utah

Top 1 percent: $333,775
Top .01 percent: $6,606,832

Vermont

Top 1 percent: $299,259
Top .01 percent: $4,657,840

Virginia

Top 1 percent: $406,412
Top .01 percent: $6,244,774

Washington

Top 1 percent: $387,854
Top .01 percent: $7,805,465

West Virginia

Top 1 percent: $244,879
Top .01 percent: $2,522,272

Wisconsin

Top 1 percent: $312,375
Top .01 percent: $6,245,825

Wyoming

Top 1 percent: $368,468
Top .01 percent: $16,294,136

About the Author

Sarah Kuta

Sarah Kuta is an award-winning writer and editor based in Colorado. She writes regularly about how to find deals, save money and find side gigs. Reach her at sarah@dontwasteyourmoney.com. More.

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