Income Needed to Be in the Top 1% and Top 5% of Earners by State
Image is a table by SmartAsset titled "Income Needed to Be in the Top 1% and Top 5% of Earners by State."
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Table with 5 columns and 50 rows. Currently displaying rows 1 to 15.
Rank
State
Income floor on the top 1% of earners in 2024 dollars
Number of top 1% tax returns
Income floor on the top 5% of earners in 2024 dollars
1
Connecticut
$1,152,254
16,811
$370,060
2
Massachusetts
$1,113,662
32,598
$393,160
3
California
$1,035,673
177,645
$364,788
4
Washington
$989,649
35,456
$377,265
5
New Jersey
$975,645
42,437
$372,171
6
New York
$965,645
92,142
$311,560
7
Colorado
$865,700
27,447
$329,566
8
Florida
$852,206
101,940
$276,217
9
Wyoming
$843,121
2,616
$259,730
10
New Hampshire
$811,098
6,742
$320,808
11
Utah
$784,233
13,739
$279,124
12
Illinois
$783,340
56,796
$294,302
13
Nevada
$777,180
14,766
$253,500
14
Texas
$762,090
126,128
$280,676
15
Virginia
$760,610
38,483
$322,794
