Dec 30, 2024
Mapped: The Income Needed to Join the Top 1% in Every U.S. State
What We’re Showing
This graphic illustrates the income needed to be in the top 1% of earners in each state. The data was compiled by SmartAsset as of June 2024.
Key Takeaways
- Nationwide, it takes an income of $787,712 to be in the top 1% of earners.
- The median income in the U.S. is approximately $75,000, with half of Americans earning less.
Methodology
SmartAsset analyzed 2021 data from the IRS for individual tax filers. Figures were adjusted to June 2024 dollars using the Bureau of Labor Statistics' Consumer Price Index for All Urban Consumers (CPI-U) U.S. city average series for all items, not seasonally adjusted.