The financial technology company analyzed data from the Internal Revenue Service and Bureau of Labor Statistics to determine the minimum income required to be among the top 1 percent of earners in every state.
Here are the income thresholds for each state’s highest earners, per SmartAsset’s analysis:
1. Connecticut — $952,902
2. Massachusetts — $903,401
3. California — $844,266
4. New Jersey — $817,346
5. Washington — $804,853
6. New York — $776,662
7. Colorado — $709,092
8. Florida — $694,987
9. Illinois — $660,810
10. New Hampshire — $659,037
11. Wyoming — $656,118
12. Virginia — $643,848
13. Maryland — $633,333
14. Texas — $631,849
15. Utah — $630,544
16. Minnesota — $626,451
17. Nevada — $603,751
18. South Dakota — $590,373
19. Pennsylvania — $588,702
20. North Dakota — $585,556
21. Georgia — $585,397
22. Oregon — $571,813
23. Arizona — $564,031
24. Idaho — $560,040
25. North Carolina — $559,762
26. Montana — $559,656
27. Kansas — $554,912
28. Rhode Island — $548,531
29. Tennessee — $548,329
30. Alaska — $542,824
31. Nebraska — $535,651
32. Delaware — $529,928
33. Vermont — $518,039
34. Wisconsin — $517,321
35. South Carolina — $508,427
36. Michigan — $504,671
37. Maine — $502,605
38. Missouri — $500,626
39. Ohio — $500,253
40. Hawaii — $495,263
41. Iowa — $483,985
42. Indiana — $473,685
43. Alabama — $470,341
44. Oklahoma — $460,172
45. Louisiana — $458,269
46. Arkansas — $450,700
47. Kentucky — $445,294
48. New Mexico — $411,395
49. Mississippi — $381,919
50. West Virginia — $367,582
