How Much You Need to Make to Be in the 1% in Every State

Among the top 1% of earners in Oklahoma — those earning at least $424,529 per year — the average annual income is $1.1 million, about 16 times the average income across all taxpayers in the state. Cumulatively, one-percenters in Oklahoma account for 16.4% of all income in the state, while the bottom 25% account for just just 4.2% of income.

Oregon residents must earn at least $465,936 to rank in the top 1% of earners, approximately $73,000 less than the national threshold for the 1%. The average earner in the 1% in Oregon has a reported income of $1.2 million, compared to the $1.7 million nationwide average.

The average annual income among the top 1% of earners in Pennsylvania — those earning at least $465,936 per year — is $1.3 million. Meanwhile, the average annual income among all taxpayers in the state is $78,385.

Though one-percenters earn 17.0% all income in Pennsylvania, they pay over one-third of all federal income taxes in the state.

In Rhode Island, the income floor for the top 1% of earners is $457,372, nearly $82,000 less than the national income threshold of $538,926. Rhode Island one-percenters account for 15.9% of all income in the state and 31.2% of all federal income taxes paid. By comparison, the top 1% of earners nationwide account for 20.5% of all income and 38.3% of all federal income tax.

To be one of the top 1% earners, a South Carolina resident would need to have an annual income of $415,810, the 14th lowest threshold among states. There is a steep dropoff in income between the state’s hyper-wealthy and those who are “just” very wealthy. To be in the top 5% of earners, one needs to have an income of at least $183,102.