Special Report

Income It Takes to Be Considered Rich in Your State

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New Mexico
> Annual income needed to be in the top 20% of earners: $105,652 per household (5th lowest)
> Income controlled by highest 20% of earners: 50.8% (18th highest)
> Min. annual income to be in the top 5%: $192,480 per household (8th lowest)
> Median household income: $51,945 (6th lowest)
> Cost of living: 8.9% less expensive than US avg.

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New York
> Annual income needed to be in the top 20% of earners: $151,926 per household (8th highest)
> Income controlled by highest 20% of earners: 54.4% (the highest)
> Min. annual income to be in the top 5%: $250,000+ per household (the highest – tied)
> Median household income: $72,108 (14th highest)
> Cost of living: 16.4% more expensive than US avg.

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North Carolina
> Annual income needed to be in the top 20% of earners: $113,302 per household (18th lowest)
> Income controlled by highest 20% of earners: 51.0% (12th highest)
> Min. annual income to be in the top 5%: $213,009 per household (25th lowest)
> Median household income: $57,341 (12th lowest)
> Cost of living: 8.2% less expensive than US avg.

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North Dakota
> Annual income needed to be in the top 20% of earners: $121,975 per household (22nd highest)
> Income controlled by highest 20% of earners: 49.1% (17th lowest)
> Min. annual income to be in the top 5%: $220,611 per household (25th highest)
> Median household income: $64,577 (20th highest)
> Cost of living: 9.4% less expensive than US avg.

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Ohio
> Annual income needed to be in the top 20% of earners: $113,789 per household (19th lowest)
> Income controlled by highest 20% of earners: 50.1% (23rd highest)
> Min. annual income to be in the top 5%: $204,940 per household (20th lowest)
> Median household income: $58,642 (15th lowest)
> Cost of living: 11.6% less expensive than US avg.