Special Report

Income It Takes to Be Considered Rich in Every State

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21. Massachusetts
> Min. annual income to be in the top 20%: $161,154 per household (2nd highest)
> Income controlled by highest 20% of earners: 51.6% (10th highest)
> Min. annual income to be in the top 5%: 250,000+ per household (tied – the highest)
> Median household income: $79,835 (4th highest)
> Cost of living: 7.9% more expensive than U.S. avg.

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22. Michigan
> Min. annual income to be in the top 20%: $111,460 per household (21st lowest)
> Income controlled by highest 20% of earners: 50.3% (25th highest)
> Min. annual income to be in the top 5%: $201,811 per household (25th lowest)
> Median household income: $56,697 (20th lowest)
> Cost of living: 7.0% less expensive than U.S. avg.

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23. Minnesota
> Min. annual income to be in the top 20%: $132,288 per household (13th highest)
> Income controlled by highest 20% of earners: 49.0% (15th lowest)
> Min. annual income to be in the top 5%: $236,919 per household (14th highest)
> Median household income: $70,315 (13th highest)
> Cost of living: 2.5% less expensive than U.S. avg.

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24. Mississippi
> Min. annual income to be in the top 20%: $91,115 per household (the lowest)
> Income controlled by highest 20% of earners: 51.1% (17th highest)
> Min. annual income to be in the top 5%: $165,586 per household (2nd lowest)
> Median household income: $44,717 (2nd lowest)
> Cost of living: 14.3% less expensive than U.S. avg.

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25. Missouri
> Min. annual income to be in the top 20%: $106,984 per household (15th lowest)
> Income controlled by highest 20% of earners: 50.3% (24th highest)
> Min. annual income to be in the top 5%: $199,373 per household (22nd lowest)
> Median household income: $54,478 (12th lowest)
> Cost of living: 10.5% less expensive than U.S. avg.

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