How Much You Need To Be in the Top 5% in Every State
See how much it takes to be in the richest 5% in each state.
Wyoming
- How much you need to be in the top 5%: $199,944
- Average household income for the top 5%: $339,640
- Average household income for the entire state: $83,155
- How much more the average 5% makes than the average person: 4.1x
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John Csiszar contributed to the reporting of this article.
Methodology: GOBankingRates found how much a household has to make pre-tax to be in the top 5% highest-earning households in each state by analyzing the Census Bureau's 2019 American Community Survey (ACS). GOBankingRates took the 2019 ACS data on "Household Income Quintile Upper Limits" and found each state's (1) lower income limit of the top-5 percent of households. Supplemental data compiled includes (2) average household income of the top 5%; (3) average household income for the entire state; and (4) how much more the average 5% household makes than the overall average household in each state. All data were collected on and up to date as of November 19, 2020.
Data are accurate as of Dec. 2, 2020, and is subject to change.
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