One Percent Income Threshold
State | One Percent Income Threshold 2022↓ | Five Percent Income Threshold 2022 | |
|---|---|---|---|
| District of Columbia | $991,690 | $380,946 | |
| Connecticut | $975,899 | $334,469 | |
| Massachusetts | $891,118 | $349,399 | |
| California | $853,930 | $325,984 | |
| New Jersey | $831,947 | $338,942 | |
| New York | $823,230 | $284,141 | |
| Florida | $793,446 | $260,189 | |
| Washington | $756,256 | $328,471 | |
| Colorado | $713,682 | $294,210 | |
| Wyoming | $712,186 | $235,731 | |
| Texas | $686,876 | $262,821 | |
| New Hampshire | $678,953 | $287,273 | |
| Illinois | $657,101 | $270,270 | |
| Nevada | $649,721 | $229,655 | |
| Virginia | $647,948 | $290,549 | |
| North Dakota | $642,377 | $251,828 | |
| Utah | $637,566 | $249,880 | |
| South Dakota | $634,466 | $236,221 | |
| Maryland | $625,559 | $280,907 | |
| Minnesota | $619,895 | $263,694 | |
| Georgia | $611,967 | $247,399 | |
| Montana | $606,435 | $232,457 | |
| Pennsylvania | $605,333 | $251,261 | |
| Arizona | $592,062 | $241,309 | |
| North Carolina | $591,619 | $248,112 | |
| Tennessee | $589,326 | $228,755 | |
| Idaho | $579,669 | $230,312 | |
| Kansas | $563,148 | $234,359 | |
| Nebraska | $557,565 | $231,871 | |
| Rhode Island | $556,885 | $238,460 | |
| Oregon | $556,741 | $250,094 | |
| Alaska | $541,391 | $246,052 | |
| Vermont | $538,786 | $230,755 | |
| South Carolina | $536,054 | $223,000 | |
| Delaware | $534,189 | $240,778 | |
| Wisconsin | $523,231 | $223,494 | |
| Michigan | $518,495 | $222,882 | |
| Hawaii | $518,093 | $230,680 | |
| Missouri | $516,151 | $219,242 | |
| Iowa | $511,537 | $223,055 | |
| Louisiana | $508,840 | $208,359 | |
| Maine | $508,666 | $218,205 | |
| Ohio | $508,470 | $214,381 | |
| Oklahoma | $502,889 | $206,882 | |
| Alabama | $491,737 | $209,246 | |
| Indiana | $490,566 | $209,674 | |
| Arkansas | $478,036 | $200,431 | |
| Kentucky | $458,204 | $198,685 | |
| New Mexico | $416,987 | $194,904 | |
| Mississippi | $405,760 | $180,197 | |
| West Virginia | $384,369 | $181,271 |
When it comes to wealth distribution, understanding the threshold for being in the top 1 percent is crucial. The top 1 percent threshold varies from state to state due to differences in income levels, cost of living, and other economic factors. According to data from SmartAsset, which analyzed income distribution across the United States, the threshold for being in the top 1 percent differs significantly depending on where you live. For example, in states like New York and Connecticut, where the cost of living and income levels are generally higher, the threshold to be in the top 1 percent is substantially higher compared to states with lower costs of living, such as Mississippi and West Virginia. This disparity reflects the complex interplay between income, wealth, and economic conditions across the country.