Special Report
Income It Takes to Be Considered Rich in Your State
January 19, 2021 2:15 pm
Last Updated: January 19, 2021 2:20 pm
Source: Davel5957 / Getty Images
Kansas
> Annual income needed to be in the top 20% of earners: $117,303 per household (22nd lowest)
> Income controlled by highest 20% of earners: 48.9% (16th lowest)
> Min. annual income to be in the top 5%: $211,256 per household (23rd lowest)
> Median household income: $62,087 (24th lowest)
> Cost of living: 10.0% less expensive than US avg.
Source: Davel5957 / Getty Images
Kentucky
> Annual income needed to be in the top 20% of earners: $103,349 per household (4th lowest)
> Income controlled by highest 20% of earners: 50.8% (19th highest)
> Min. annual income to be in the top 5%: $185,241 per household (4th lowest)
> Median household income: $52,295 (7th lowest)
> Cost of living: 12.2% less expensive than US avg.
24/7 Wall St.
Louisiana
> Annual income needed to be in the top 20% of earners: $107,505 per household (8th lowest)
> Income controlled by highest 20% of earners: 52.3% (3rd highest)
> Min. annual income to be in the top 5%: $199,417 per household (13th lowest)
> Median household income: $51,073 (4th lowest)
> Cost of living: 10.9% less expensive than US avg.
Source: SeanPavonePhoto / Getty Images
Maine
> Annual income needed to be in the top 20% of earners: $111,898 per household (15th lowest)
> Income controlled by highest 20% of earners: 48.7% (15th lowest)
> Min. annual income to be in the top 5%: $202,639 per household (17th lowest)
> Median household income: $58,924 (16th lowest)
> Cost of living: same as U.S. avg.
Source: Davel5957 / Getty Images
Maryland
> Annual income needed to be in the top 20% of earners: $164,179 per household (3rd highest)
> Income controlled by highest 20% of earners: 49.1% (18th lowest)
> Min. annual income to be in the top 5%: $250,000+ per household (the highest – tied)
> Median household income: $86,738 (the highest)
> Cost of living: 8.4% more expensive than US avg.
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