How much you need to be rich in every state

We looked at what the annual income would need to be to put someone in the top 25% and top 10% of earners in each state.

Derek Silva

By

Derek Silva

Derek Silva

Personal Finance Expert

Derek is a personal finance editor at Policygenius in New York City, and an expert in taxes. He has been writing about estate planning, investing, and other personal finance topics since 2017. He especially loves using data to tell a story. His work has been covered by Yahoo Finance, MSN, Business Insider, and CNBC.

Published November 7, 2019|7 min read

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What does it mean to be rich? Many people associate it with a specific dollar amount, like having an annual salary of $100,000. But an income of $100,000 can take you further in South Dakota than in California.

To understand what “rich” means in every state, we looked at what the annual income would need to be to put someone in the top 25% and top 10% of earners in that state, according to the Bureau of Labor Statistics.

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Mississippi has the lowest threshold for the top 10%, at just $69,720. But you would need to earn at least $164,200 annually in Washington, D.C. to be in the top 10% of earners. That’s by far the highest threshold for the top 10% of earners in the U.S.

In 14 states, you would need an annual income of at least $100,000 to be in the top 10% of earners. Most states (34) require you to earn between $75,000 and $100,000 annually if you want to be in the state’s top 10%.

Here’s a breakdown for each state.

Alabama

Annual income needed to be in the top 25% of earners: $53,310 Annual income needed to be in the top 10% of earners: $79,630

Alaska

Annual income needed to be in the top 25% of earners: $73,460 Annual income needed to be in the top 10% of earners: $103,080

Arizona

Annual income needed to be in the top 25% of earners: $58,660 Annual income needed to be in the top 10% of earners: $90,730

Arkansas

Annual income needed to be in the top 25% of earners: $49,140 Annual income needed to be in the top 10% of earners: $73,310

California

Annual income needed to be in the top 25% of earners: $73,110 Annual income needed to be in the top 10% of earners: $117,590

Colorado

Annual income needed to be in the top 25% of earners: $67,570 Annual income needed to be in the top 10% of earners: $104,110

Connecticut

Annual income needed to be in the top 25% of earners: $75,060 Annual income needed to be in the top 10% of earners: $110,770

Delaware

Annual income needed to be in the top 25% of earners: $65,330 Annual income needed to be in the top 10% of earners: $100,550

District of Columbia

Annual income needed to be in the top 25% of earners: $117,820 Annual income needed to be in the top 10% of earners: $164,200

Florida

Annual income needed to be in the top 25% of earners: $54,450 Annual income needed to be in the top 10% of earners: $82,490

Georgia

Annual income needed to be in the top 25% of earners: $58,950 Annual income needed to be in the top 10% of earners: $92,480

Hawaii

Annual income needed to be in the top 25% of earners: $64,050 Annual income needed to be in the top 10% of earners: $96,270

Idaho

Annual income needed to be in the top 25% of earners: $52,580 Annual income needed to be in the top 10% of earners: $78,260

Illinois

Annual income needed to be in the top 25% of earners: $66,670 Annual income needed to be in the top 10% of earners: $101,170

Indiana

Annual income needed to be in the top 25% of earners: $54,530 Annual income needed to be in the top 10% of earners: $79,410

Iowa

Annual income needed to be in the top 25% of earners: $55,810 Annual income needed to be in the top 10% of earners: $80,040

Kansas

Annual income needed to be in the top 25% of earners: $54,970 Annual income needed to be in the top 10% of earners: $80,980

Kentucky

Annual income needed to be in the top 25% of earners: $52,470 Annual income needed to be in the top 10% of earners: $76,150

Louisiana

Annual income needed to be in the top 25% of earners: $52,620 Annual income needed to be in the top 10% of earners: $76,890

Maine

Annual income needed to be in the top 25% of earners: $55,640 Annual income needed to be in the top 10% of earners: $80,190

Maryland

Annual income needed to be in the top 25% of earners: $74,300 Annual income needed to be in the top 10% of earners: $115,230

Massachusetts

Annual income needed to be in the top 25% of earners: $78,870 Annual income needed to be in the top 10% of earners: $121,350

Michigan

Annual income needed to be in the top 25% of earners: $60,970 Annual income needed to be in the top 10% of earners: $91,320

Minnesota

Annual income needed to be in the top 25% of earners: $65,690 Annual income needed to be in the top 10% of earners: $98,270

Mississippi

Annual income needed to be in the top 25% of earners: $47,550 Annual income needed to be in the top 10% of earners: $69,720

Missouri

Annual income needed to be in the top 25% of earners: $56,480 Annual income needed to be in the top 10% of earners: $83,570

Montana

Annual income needed to be in the top 25% of earners: $53,250 Annual income needed to be in the top 10% of earners: $76,610

Nebraska

Annual income needed to be in the top 25% of earners: $56,420 Annual income needed to be in the top 10% of earners: $81,770

Nevada

Annual income needed to be in the top 25% of earners: $55,790 Annual income needed to be in the top 10% of earners: $83,360

New Hampshire

Annual income needed to be in the top 25% of earners: $62,590 Annual income needed to be in the top 10% of earners: $96,690

New Jersey

Annual income needed to be in the top 25% of earners: $72,700 Annual income needed to be in the top 10% of earners: $111,920

New Mexico

Annual income needed to be in the top 25% of earners: $55,510 Annual income needed to be in the top 10% of earners: $85,340

New York

Annual income needed to be in the top 25% of earners: $75,610 Annual income needed to be in the top 10% of earners: $119,950

North Carolina

Annual income needed to be in the top 25% of earners: $56,100 Annual income needed to be in the top 10% of earners: $86,970

North Dakota

Annual income needed to be in the top 25% of earners: $60,040 Annual income needed to be in the top 10% of earners: $83,530

Ohio

Annual income needed to be in the top 25% of earners: $59,100 Annual income needed to be in the top 10% of earners: $86,470

Oklahoma

Annual income needed to be in the top 25% of earners: $53,060 Annual income needed to be in the top 10% of earners: $79,510

Oregon

Annual income needed to be in the top 25% of earners: $62,850 Annual income needed to be in the top 10% of earners: $96,410

Pennsylvania

Annual income needed to be in the top 25% of earners: $61,050 Annual income needed to be in the top 10% of earners: $92,850

Rhode Island

Annual income needed to be in the top 25% of earners: $67,900 Annual income needed to be in the top 10% of earners: $100,110

South Carolina

Annual income needed to be in the top 25% of earners: $52,070 Annual income needed to be in the top 10% of earners: $77,740

South Dakota

Annual income needed to be in the top 25% of earners: $48,550 Annual income needed to be in the top 10% of earners: $70,610

Tennessee

Annual income needed to be in the top 25% of earners: $53,310 Annual income needed to be in the top 10% of earners: $79,360

Texas

Annual income needed to be in the top 25% of earners: $60,450 Annual income needed to be in the top 10% of earners: $93,670

Utah

Annual income needed to be in the top 25% of earners: $58,290 Annual income needed to be in the top 10% of earners: $87,930

Vermont

Annual income needed to be in the top 25% of earners: $59,520 Annual income needed to be in the top 10% of earners: $85,540

Virginia

Annual income needed to be in the top 25% of earners: $68,440 Annual income needed to be in the top 10% of earners: $110,140

Washington

Annual income needed to be in the top 25% of earners: $73,060 Annual income needed to be in the top 10% of earners: $110,400

West Virginia

Annual income needed to be in the top 25% of earners: $51,290 Annual income needed to be in the top 10% of earners: $75,710

Wisconsin

Annual income needed to be in the top 25% of earners: $57,700 Annual income needed to be in the top 10% of earners: $82,950

Wyoming

Annual income needed to be in the top 25% of earners: $60,770 Annual income needed to be in the top 10% of earners: $82,980

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Image: Kean Collection

Personal Finance Expert

Derek Silva

Personal Finance Expert

Derek is a personal finance editor at Policygenius in New York City, and an expert in taxes. He has been writing about estate planning, investing, and other personal finance topics since 2017. He especially loves using data to tell a story. His work has been covered by Yahoo Finance, MSN, Business Insider, and CNBC.