Here's how much you have to earn to be in the top 1% in every US state
To be among the top 1 percent of U.S. earners, a family needs an income of $421,926, a new report from the Economic Policy Institute finds.
However, the threshold varies significantly among states. In Connecticut, for example, you need an annual income of $700,800 to be in the 1 percent. In New Mexico, you need $255,429.
Keep in mind that these numbers just represent the threshold — the average income of the top 1 percent nationwide is $1.32 million. The bottom 99 percent, on the other hand, earn an average of $50,107 a year.
Read on to see just how much your household would have to pull in to join the 1 percent club in every U.S. state.
Alabama
Annual income required to be in the top 1 percent: $297,564
Average annual income of the top 1 percent: $743,644
Alaska
Annual income required to be in the top 1 percent: $400,017
Average annual income of the top 1 percent: $910,059
Arizona
Annual income required to be in the top 1 percent: $331,074
Average annual income of the top 1 percent: $882,657
Arkansas
Annual income required to be in the top 1 percent: $331,074
Average annual income of the top 1 percent: $864,772
California
Annual income required to be in the top 1 percent: $514,694
Average annual income of the top 1 percent: $1.69 million
Colorado
Annual income required to be in the top 1 percent: $458,576
Average annual income of the top 1 percent: $1.26 million
Connecticut
Annual income required to be in the top 1 percent: $700,800
Average annual income of the top 1 percent: $2.52 million
Delaware
Annual income required to be in the top 1 percent: $340,770
Average annual income of the top 1 percent: $869,461
Washington, D.C.
Annual income required to be in the top 1 percent: $598,155
Average annual income of the top 1 percent: $1.86 million
Florida
Annual income required to be in the top 1 percent: $417,587
Average annual income of the top 1 percent: $1.54 million
Georgia
Annual income required to be in the top 1 percent: $371,811
Average annual income of the top 1 percent: $995,576
Hawaii
Annual income required to be in the top 1 percent: $310,566
Average annual income of the top 1 percent: $797,001
Idaho
Annual income required to be in the top 1 percent: $314,532
Average annual income of the top 1 percent: $829,268
Illinois
Annual income required to be in the top 1 percent: $456,377
Average annual income of the top 1 percent: $1.41 million
Indiana
Annual income required to be in the top 1 percent: $316,756
Average annual income of the top 1 percent: $804,275
Iowa
Annual income required to be in the top 1 percent: $331,572
Average annual income of the top 1 percent: $788,419
Kansas
Annual income required to be in the top 1 percent: $375,344
Average annual income of the top 1 percent: $1.03 million
Kentucky
Annual income required to be in the top 1 percent: $274,818
Average annual income of the top 1 percent: $719,012
Louisiana
Annual income required to be in the top 1 percent: $318,393
Average annual income of the top 1 percent: $814,386
Maine
Annual income required to be in the top 1 percent: $303,897
Average annual income of the top 1 percent: $655,870
Maryland
Annual income required to be in the top 1 percent: $445,783
Average annual income of the top 1 percent: $1.14 million
Massachusetts
Annual income required to be in the top 1 percent: $582,774
Average annual income of the top 1 percent: $1.90 million
Michigan
Annual income required to be in the top 1 percent: $328,649
Average annual income of the top 1 percent: $917,701
Minnesota
Annual income required to be in the top 1 percent: $443,118
Average annual income of the top 1 percent: $1.19 million
Mississippi
Annual income required to be in the top 1 percent: $254,362
Average annual income of the top 1 percent: $580,461
Missouri
Annual income required to be in the top 1 percent: $326,839
Average annual income of the top 1 percent: $944,804
Montana
Annual income required to be in the top 1 percent: $321,849
Average annual income of the top 1 percent: $855,976
Nebraska
Annual income required to be in the top 1 percent: $363,310
Average annual income of the top 1 percent: $945,869
Nevada
Annual income required to be in the top 1 percent: $341,335
Average annual income of the top 1 percent: $1.35 million
New Hampshire
Annual income required to be in the top 1 percent: $405,286
Average annual income of the top 1 percent: $1.13 million
New Jersey
Annual income required to be in the top 1 percent: $588,575
Average annual income of the top 1 percent: $1.58 million
New Mexico
Annual income required to be in the top 1 percent: $255,429
Average annual income of the top 1 percent: $615,082
New York
Annual income required to be in the top 1 percent: $550,174
Average annual income of the top 1 percent: $2.20 million
North Carolina
Annual income required to be in the top 1 percent: $343,066
Average annual income of the top 1 percent: $902,972
North Dakota
Annual income required to be in the top 1 percent: $445,415
Average annual income of the top 1 percent: $1.08 million
Ohio
Annual income required to be in the top 1 percent: $334,979
Average annual income of the top 1 percent: $858,965
Oklahoma
Annual income required to be in the top 1 percent: $333,139
Average annual income of the top 1 percent: $932,520
Oregon
Annual income required to be in the top 1 percent: $358,937
Average annual income of the top 1 percent: $908,898
Pennsylvania
Annual income required to be in the top 1 percent: $388,593
Average annual income of the top 1 percent: $1.10 million
Rhode Island
Annual income required to be in the top 1 percent: $346,657
Average annual income of the top 1 percent: $928,204
South Carolina
Annual income required to be in the top 1 percent: $318,463
Average annual income of the top 1 percent: $761,185
South Dakota
Annual income required to be in the top 1 percent: $407,406
Average annual income of the top 1 percent: $1.13 million
Tennessee
Annual income required to be in the top 1 percent: $332,913
Average annual income of the top 1 percent: $947,021
Texas
Annual income required to be in the top 1 percent: $440,758
Average annual income of the top 1 percent: $1.34 million
Utah
Annual income required to be in the top 1 percent: $374,467
Average annual income of the top 1 percent: $1.06 million
Vermont
Annual income required to be in the top 1 percent: $321,969
Average annual income of the top 1 percent: $816,579
Virginia
Annual income required to be in the top 1 percent: $425,144
Average annual income of the top 1 percent: $1.11 million
Washington
Annual income required to be in the top 1 percent: $451,395
Average annual income of the top 1 percent: $1.38 million
West Virginia
Annual income required to be in the top 1 percent: $258,078
Average annual income of the top 1 percent: $535,648
Wisconsin
Annual income required to be in the top one percent: $349,905
Average annual income of the top 1 percent: $964,358
Wyoming
Annual income required to be in the top 1 percent: $405,596
Average annual income of the top 1 percent: $1.9 million
Don't miss: 12 US metro areas where the 1 percent make over 40 times more than everyone else
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