Breaking Into the Top 1%: How Income Thresholds Vary Across the USA
5 days ago
In 2024, an individual needs an income of $430,000 to break into the top 1% of earners nationwide. However, this threshold varies dramatically by state. While Connecticut has the highest individual income threshold at $761,957, New Mexico’s is significantly lower at $256,007. These disparities underscore the influence of regional economic conditions, cost of living, and industry concentrations.
