Want to Be In The 1%? Here’s The Salary You’d Need In Every State

Want to Be In The 1%? Here’s The Salary You’d Need In Every State


May 20, 2025 | Jesse Singer

Want to Be In The 1%? Here’s The Salary You’d Need In Every State


Playing The Percentages

We're always hearing about the top 1%—but what does that actually mean? Well, in America these days, it means a salary of about $800,000 to be a one-percenter nationally. However, if we break it down state by state, cracking that 1% threshold varies quite significantly. 

So, how much do you need to earn to be in the top 1% of your state? These are the numbers...

Top 1 Percent States L

50: West Virginia

Income floor on the top 1% of earners in 2024 dollars: $420,453        

Number of top 1% tax returns: 7,336    

Income floor on the top 5% of earners in 2024 dollars: $193,495

File:River view of Fairmont, West Virginia LCCN2015631573.jpgCarol M. Highsmith, Wikimedia Commons

Advertisement

49: Mississippi

Income floor on the top 1% of earners in 2024 dollars: $440,744       

Number of top 1% tax returns: 11,862    

Income floor on the top 5% of earners in 2024 dollars: $193,057

File:BR Mississippi.jpgKkmurray, Wikimedia Commons

48: New Mexico    

Income floor on the top 1% of earners in 2024 dollars: $476,196        

Number of top 1% tax returns: 9,184    

Income floor on the top 5% of earners in 2024 dollars: $214,903

File:Downtown Albuquerque, NM.jpgRon Reiring, Wikimedia Commons

47: Kentucky    

Income floor on the top 1% of earners in 2024 dollars: $513,865       

Number of top 1% tax returns: 18,434    

Income floor on the top 5% of earners in 2024 dollars: $214,334

File:Downtown Louisville, Kentucky.jpgKen Lund from Reno, Nevada, USA, Wikimedia Commons

Advertisement

46: Arkansas    

Income floor on the top 1% of earners in 2024 dollars: $531,692       

Number of top 1% tax returns: 12,184    

Income floor on the top 5% of earners in 2024 dollars: $216,609

File:Gfp-arkansas-hot-springs-town-center.jpgYinan Chen, Wikimedia Commons

45: Oklahoma    

Income floor on the top 1% of earners in 2024 dollars: $540,879       

Number of top 1% tax returns: 16,003    

Income floor on the top 5% of earners in 2024 dollars: $220,874

File:Oklahoma city downtown.JPGUrbanative, Wikimedia Commons

44: Indiana    

Income floor on the top 1% of earners in 2024 dollars: $552,877        

Number of top 1% tax returns: 30,114    

Income floor on the top 5% of earners in 2024 dollars: $225,467

File:Indianapolis-1872528.jpgtpsdave, Wikimedia Commons

Advertisement

43: Alabama    

Income floor on the top 1% of earners in 2024 dollars: $557,334            

Number of top 1% tax returns: 20,150         

Income floor on the top 5% of earners in 2024 dollars: $226,801

File:Aerial view of Montgomery, Alabama LCCN2011646683.jpgCarol M. Highsmith, Wikimedia Commons

42: Iowa    

Income floor on the top 1% of earners in 2024 dollars: $571,730            

Number of top 1% tax returns: 13,808         

Income floor on the top 5% of earners in 2024 dollars: $241,477

File:Iowa State House; Des Moines, Iowa; June 30, 2013.JPGStephen Matthew Milligan, Wikimedia Commons

41: Ohio    

Income floor on the top 1% of earners in 2024 dollars: $581,161             

Number of top 1% tax returns: 53,509         

Income floor on the top 5% of earners in 2024 dollars: $231,962

File:Aerial view of Columbus, Ohio, September 2015.JPGPi.1415926535, Wikimedia Commons

Advertisement

40: Louisiana    

Income floor on the top 1% of earners in 2024 dollars: $587,399           

Number of top 1% tax returns: 18,837          

Income floor on the top 5% of earners in 2024 dollars: $227,642

File:Louisiana State University (aerial view).jpgStuart Adams, stuadams.com, Wikimedia Commons

39: Maine    

Income floor on the top 1% of earners in 2024 dollars: $588,394             

Number of top 1% tax returns: 6,620        

Income floor on the top 5% of earners in 2024 dollars: $241,513

File:La Maine a Angers.jpgDenis Pithon, Wikimedia Commons

38: Missouri 

Income floor on the top 1% of earners in 2024 dollars: $590,001            

Number of top 1% tax returns: 26,722         

Income floor on the top 5% of earners in 2024 dollars: $238,375

File:Jrb kansas city union station downtown 001.JPGJesper Rautell Balle, Wikimedia Commons

Advertisement

37: Michigan    

Income floor on the top 1% of earners in 2024 dollars: $603,834             

Number of top 1% tax returns: 45,085        

Income floor on the top 5% of earners in 2024 dollars: $244,489

File:Aerial View of Downtown Detroit.jpgBarbara Eckstein, Wikimedia Commons

36: Hawaii    

Income floor on the top 1% of earners in 2024 dollars: $609,846             

Number of top 1% tax returns: 6,489        

Income floor on the top 5% of earners in 2024 dollars: $258,532

File:HawaiiKai.JPGCaracas1830, Wikimedia Commons

35: Wisconsin    

Income floor on the top 1% of earners in 2024 dollars: $610,435            

Number of top 1% tax returns: 27,144         

Income floor on the top 5% of earners in 2024 dollars: $245,562

File:Wisconsin State Capitol Aerial.jpgLectrician2, Wikimedia Commons

Advertisement

34: South Carolina    

Income floor on the top 1% of earners in 2024 dollars: $611,219             

Number of top 1% tax returns: 22,737         

Income floor on the top 5% of earners in 2024 dollars: $242,922

File:Fall skyline of Columbia SC from Arsenal Hill.jpgAkhenaton06, Wikimedia Commons

33: Delaware    

Income floor on the top 1% of earners in 2024 dollars: $618,488            

Number of top 1% tax returns: 4,662         

Income floor on the top 5% of earners in 2024 dollars: $265,526

File:Wilmington Delaware skyline.jpgTim Kiser (User:Malepheasant), Wikimedia Commons

32: Alaska    

Income floor on the top 1% of earners in 2024 dollars: $620,783            

Number of top 1% tax returns: 3,231         

Income floor on the top 5% of earners in 2024 dollars: $271,250

File:USS Anchorage in Anchorage, Alaska.jpgJack Connaher, Wikimedia Commons

Advertisement

31: Vermont    

Income floor on the top 1% of earners in 2024 dollars: $623,244             

Number of top 1% tax returns: 3,107        

Income floor on the top 5% of earners in 2024 dollars: $258,200 

File:Burlington, Vermont.jpgJared and Corin, Wikimedia Commons

30: Nebraska    

Income floor on the top 1% of earners in 2024 dollars: $629,413             

Number of top 1% tax returns: 8,604         

Income floor on the top 5% of earners in 2024 dollars: $251,224

File:City of Omaha, Nebraska Skyline on the Missouri River (30899969517).jpgTony Webster from Minneapolis, Minnesota, United States, Wikimedia Commons

29: Rhode Island    

Income floor on the top 1% of earners in 2024 dollars: $650,914             

Number of top 1% tax returns: 5,166         

Income floor on the top 5% of earners in 2024 dollars: $262,860

File:Downtown Providence Rhode Island 2008.jpgKenneth C. Zirkel, Wikimedia Commons

Advertisement

28: Kansas    

Income floor on the top 1% of earners in 2024 dollars: $651,226            

Number of top 1% tax returns: 12,659         

Income floor on the top 5% of earners in 2024 dollars: $255,138

File:Kansas city (16778782291).jpgDean Hochman from Overland Park, Kansas, U.S., Wikimedia Commons

27: North Carolina    

Income floor on the top 1% of earners in 2024 dollars: $665,021             

Number of top 1% tax returns: 45,833        

Income floor on the top 5% of earners in 2024 dollars: $266,297

File:Asheville at dusk.jpgMichael Tracey, Wikimedia Commons

26: Tennessee    

Income floor on the top 1% of earners in 2024 dollars: $678,956             

Number of top 1% tax returns: 30,306        

Income floor on the top 5% of earners in 2024 dollars: $248,448

File:Chattanooga, Tennessee (2023).jpgWeaponizingArchitecture, Wikimedia Commons

Advertisement

25: Oregon    

Income floor on the top 1% of earners in 2024 dollars: $683,170             

Number of top 1% tax returns: 19,147        

Income floor on the top 5% of earners in 2024 dollars: $280,067

File:Salem Oregon downtown.JPGM.O. Stevens, Wikimedia Commons

24: North Dakota    

Income floor on the top 1% of earners in 2024 dollars: $684,124             

Number of top 1% tax returns: 3,417         

Income floor on the top 5% of earners in 2024 dollars: $267,235

File:Fargo ND Downtown overview.jpgRon Reiring, Wikimedia Commons

23: Arizona    

Income floor on the top 1% of earners in 2024 dollars: $688,934             

Number of top 1% tax returns: 31,720         

Income floor on the top 5% of earners in 2024 dollars: $267,508

File:Downtown Phoenix Aerial Looking Northeast.jpgDPPed, Wikimedia Commons

Advertisement

22: Pennsylvania    

Income floor on the top 1% of earners in 2024 dollars: $696,192             

Number of top 1% tax returns: 59,123         

Income floor on the top 5% of earners in 2024 dollars: $273,345

File:ReadingPAKodachrome1983.jpgBigCheddah, Wikimedia Commons

21: Georgia    

Income floor on the top 1% of earners in 2024 dollars: $700,544             

Number of top 1% tax returns: 45,961        

Income floor on the top 5% of earners in 2024 dollars: $266,292

File:Bright Atlanta.jpgBrett Weinstein from Scarsdale, New York, Wikimedia Commons

20: Idaho    

Income floor on the top 1% of earners in 2024 dollars: $703,997             

Number of top 1% tax returns: 8,085         

Income floor on the top 5% of earners in 2024 dollars: $260,966

File:Boise, Idaho.jpgJyoni Shuler, Wikimedia Commons

Advertisement

19: Montana    

Income floor on the top 1% of earners in 2024 dollars: $715,899            

Number of top 1% tax returns: 5,054         

Income floor on the top 5% of earners in 2024 dollars: $260,164

File:Crans-Montana.jpgReustli, Wikimedia Commons

18: South Dakota    

Income floor on the top 1% of earners in 2024 dollars: $727,168             

Number of top 1% tax returns: 4,044        

Income floor on the top 5% of earners in 2024 dollars: $258,733

File:Rapid City Skyline (2022).jpgWeaponizingArchitecture, Wikimedia Commons

17: Minnesota    

Income floor on the top 1% of earners in 2024 dollars: $730,096             

Number of top 1% tax returns: 26,169        

Income floor on the top 5% of earners in 2024 dollars: $291,033

File:Minneapolis skyline from Loring Park neighborhood aerial, October 2024.jpgBspor.88, Wikimedia Commons

Advertisement

16: Maryland    

Income floor on the top 1% of earners in 2024 dollars: $741,501             

Number of top 1% tax returns: 28,558         

Income floor on the top 5% of earners in 2024 dollars: $311,722

File:Some Annapolis commercial strip.jpgFlickr user: high limitzz https://www.flickr.com/people/highlimitstudio/, Wikimedia Commons

15: Virginia    

Income floor on the top 1% of earners in 2024 dollars: $760,610             

Number of top 1% tax returns: 38,483         

Income floor on the top 5% of earners in 2024 dollars: $322,794

File:Richmond, Virginia downtown.jpgWill Weaver from Glen Allen, VA, United States. Edited by User:Patrickneil, Wikimedia Commons

14: Texas    

Income floor on the top 1% of earners in 2024 dollars: $762,090             

Number of top 1% tax returns: 126,128         

Income floor on the top 5% of earners in 2024 dollars: $280,676

File:Downtown Austin, Texas from the Colorado River, October 2022.jpgRyan Friesen, Wikimedia Commons

Advertisement

13: Nevada    

Income floor on the top 1% of earners in 2024 dollars: $777,180             

Number of top 1% tax returns: 14,766         

Income floor on the top 5% of earners in 2024 dollars: $253,500

File:Reno, Nevada photo D Ramey Logan.jpgDon Ramey Logan, Wikimedia Commons

12: Illinois    

Income floor on the top 1% of earners in 2024 dollars: $783,340            

Number of top 1% tax returns: 56,796          

Income floor on the top 5% of earners in 2024 dollars: $294,302

File:Chicago, Illinois (14023988838).jpgKen Lund from Reno, Nevada, USA, Wikimedia Commons

11: Utah    

Income floor on the top 1% of earners in 2024 dollars: $784,233             

Number of top 1% tax returns: 13,739         

Income floor on the top 5% of earners in 2024 dollars: $279,124

File:Utah State Capitol and rear environs - 23 August 2012.JPGMangoman88, Wikimedia Commons

Advertisement

10: New Hampshire    

Income floor on the top 1% of earners in 2024 dollars: $811,098             

Number of top 1% tax returns: 6,742         

Income floor on the top 5% of earners in 2024 dollars: $320,808

File:Portsmouth NH aerial view.jpgCarol M. Highsmith, Wikimedia Commons

9: Wyoming    

Income floor on the top 1% of earners in 2024 dollars: $843,121             

Number of top 1% tax returns: 2,616         

Income floor on the top 5% of earners in 2024 dollars: $259,730

File:CheyenneWyoming.jpgVasiliymeshko, Wikimedia Commons

8: Florida    

Income floor on the top 1% of earners in 2024 dollars: $852,206             

Number of top 1% tax returns: 101,940         

Income floor on the top 5% of earners in 2024 dollars: $276,217

File:Skyline of Fort Lauderdale, Nov-15.jpgKeanoManu, Wikimedia Commons

Advertisement

7: Colorado    

Income floor on the top 1% of earners in 2024 dollars: $865,700             

Number of top 1% tax returns: 27,447         

Income floor on the top 5% of earners in 2024 dollars: $329,566

File:CC COSPRINGS.jpgThe original uploader was Postoak at English Wikipedia., Wikimedia Commons

6: New York    

Income floor on the top 1% of earners in 2024 dollars: $965,645             

Number of top 1% tax returns: 92,142        

Income floor on the top 5% of earners in 2024 dollars: $311,560

File:Manhattan, New York2.JPGClement Bardot, Wikimedia Commons

5: New Jersey    

Income floor on the top 1% of earners in 2024 dollars: $975,645             

Number of top 1% tax returns: 42,437         

Income floor on the top 5% of earners in 2024 dollars: $372,171

File:Lower Manhattan from Jersey City November 2014 panorama 1.jpgKing of Hearts, Wikimedia Commons

Advertisement

4: Washington    

Income floor on the top 1% of earners in 2024 dollars: $989,649             

Number of top 1% tax returns: 35,456         

Income floor on the top 5% of earners in 2024 dollars: $377,265

File:Washington, D.C. - 2007 aerial view.jpgCarol M. Highsmith, Wikimedia Commons

3: California    

Income floor on the top 1% of earners in 2024 dollars: $1,035,673             

Number of top 1% tax returns: 177,645        

Income floor on the top 5% of earners in 2024 dollars: $364,788

File:OAKLAND, CA, USA - Skyline and Bridge.JPGBasil D Soufi, Wikimedia Commons

2: Massachusetts    

Income floor on the top 1% of earners in 2024 dollars: $1,113,662            

Number of top 1% tax returns: 32,598         

Income floor on the top 5% of earners in 2024 dollars: $393,160

File:View of Charles River Basin.agr.JPGArnoldReinhold, Wikimedia Commons

Advertisement

1: Connecticut    

Income floor on the top 1% of earners in 2024 dollars: $1,152,254             

Number of top 1% tax returns: 16,811         

Income floor on the top 5% of earners in 2024 dollars: $370,060

File:Hartford Connecticut Aerial (33020933466).jpgformulanone from Huntsville, United States, Wikimedia Commons

You Might Also Like:

Data Reveals The Best And Worst Airports In The World—Is Yours On The List?

The Best First Class Perks Aboard Emirates Airline

20 Common Mistakes People Make At All-Inclusive Resorts

Sources: 1


READ MORE

I have terminal cancer. I wasn't ready to start estate planning, but have no choice. What are the best things to leave to my loved ones?

We all know that life can throw us unexpected curveballs. Whether you've been sick in the past, or are approaching your later years, and are concerned about your health, but don't have an estate plan in place, then it's time to get estate planning. Let's explore what's needed.
June 12, 2025 Jack Hawkins

I'm being let go from my job of 15 years and my boss just told me they aren't going to give me any severance. Is that legal?

We all hear about people being let go from jobs and getting paid out some very nice severance packages and golden parachutes. But is severance the law? If a company lets you go, what do they actually owe you?
June 12, 2025 Jesse Singer

The Worst Assets To Leave Your Loved Ones & Why

Sometimes you might think you're doing the kids a favor by leaving them your timeshare, or your collection of valuable items, but really, they're just inheriting an anvil. Please give them financial freedom by not leaving these assets after you pass away.
June 12, 2025 Jack Hawkins

Generational wealth doesn't last longer than three generations. Here's why and how to change that.

Most familial wealth doesn't last longer than three generations, whether through excessive spending or mismanagement, generational wealth tends to disappear. Let's explore how generational wealth vanishes and how to change that.
June 12, 2025 Jack Hawkins

I put a down payment on a car for my boyfriend, and now he’s ghosted me. Do I have any way to get the car or my money back?

Giving financial help to someone you care about only for them to disappear into thin air is a scenario that happens more often than people realize. The key is figuring out your rights and your options.
June 11, 2025 Penelope Singh

Medical Debt Isn’t Just A Poor People Problem

Medical debt is often viewed as a problem of the poor or uninsured. But middle-class Americans are increasingly buried by large medical debts. Rising costs, loopholes, and surprise billing make medical debt a growing issue across all incomes.
June 10, 2025 Peter Kinney


Disclaimer

The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.





Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team