Connecticut is the highest, most likely due to its financial industry.
It’s wild to think about.
This is just one in every 100 income earners. If attendance at a smallish sporting event was truly random, including about 1000 people, a whole table or row of 10 ish people would make this much money or more.
But how many of us have ever even had a conversation with anyone who makes this much, let alone have any as friends. I guess someone has to live in the 2+ million dollar houses downtown and they must be pretty insular.
What is up with Kentucky? I’m surprised it is that high.
CONNECTICUT NUMBER ONE WOOOOO
These guys are still way closer to us than they are to billionaires, right? Even the $1 mil a year guys. I don’t think you can reliably 1000x your income investing.
Glad to see statistics showing me I am nowhere near the 1%. 🤣🤣
For Nebraska, the household number is over double the individual number. Wonder what in the data caused that – any ideas?
Curious why New Mexico is so low (actually the lowest)? I didn’t expect that one.
What happens at age 46 to be double the income required to be 1% at 45 or 47?
Top 1% is 400k at 45, then 910k at 46, then 500k at 47.
“To reach the 99th percentile or top 1% of income earners in the USA it would take an income of $430,000 to put you in the top 1% of individual income earners”
So the fact the President’s salary is $400,000 with $50,000 for expenses (non-taxable), a $100,000 travel account and a $19,000 entertainment budget, tells me that we need to reduce the presidents salary.
It’s amazing – the 1% income in most European countries is less than that of the lowest state in the US.
* UK – $226k
* France – $206k
* Germany – $257k
* Sweden – $215k
Someone please overlay poverty rates on this. Let’s find the trend of states with horrible poverty rates and really high earning 1%.
The attached story is missing links to 2%, 5%, 10%. If data is all that, my expectation is the data links exist.
Oof that’s low than I thought. I live in southern California and I know a lot of family in/around the Nepali community who can easily breach the percentile. Crazy.
Easy peasy. Inherit a lot of money.
I think there are a lot of dual professional couples in the household category. We are basically at the 1% tier for our state (GA), and we have corporate jobs where we have slowly climbed the ranks over the years (we are in mid 40s).
A lot of our neighbors would likely fall into the same category. Single earner households are quite rare amongst people we know.
Just want to point out that 99% of you will fail to join the 1%
That actually feels low. I’ve seen other data sets that show 750-1.2mm as the top 1%
Ok, I hit the top 1% last year in my state. How do I still feel broke? How do the other 99% of people even get by? How are there so many people with much bigger houses and fancier cars? It seems like everyone in my state is in the 1%. This must not be counting capital gains income.
I have to triple my income to earn the hate I already get. Damnit man.
20 comments
Connecticut is the highest, most likely due to its financial industry.
It’s wild to think about.
This is just one in every 100 income earners. If attendance at a smallish sporting event was truly random, including about 1000 people, a whole table or row of 10 ish people would make this much money or more.
But how many of us have ever even had a conversation with anyone who makes this much, let alone have any as friends. I guess someone has to live in the 2+ million dollar houses downtown and they must be pretty insular.
What is up with Kentucky? I’m surprised it is that high.
CONNECTICUT NUMBER ONE WOOOOO
These guys are still way closer to us than they are to billionaires, right? Even the $1 mil a year guys. I don’t think you can reliably 1000x your income investing.
Glad to see statistics showing me I am nowhere near the 1%. 🤣🤣
For Nebraska, the household number is over double the individual number. Wonder what in the data caused that – any ideas?
Curious why New Mexico is so low (actually the lowest)? I didn’t expect that one.
What happens at age 46 to be double the income required to be 1% at 45 or 47?
Top 1% is 400k at 45, then 910k at 46, then 500k at 47.
“To reach the 99th percentile or top 1% of income earners in the USA it would take an income of $430,000 to put you in the top 1% of individual income earners”
So the fact the President’s salary is $400,000 with $50,000 for expenses (non-taxable), a $100,000 travel account and a $19,000 entertainment budget, tells me that we need to reduce the presidents salary.
It’s amazing – the 1% income in most European countries is less than that of the lowest state in the US.
* UK – $226k
* France – $206k
* Germany – $257k
* Sweden – $215k
Someone please overlay poverty rates on this. Let’s find the trend of states with horrible poverty rates and really high earning 1%.
The attached story is missing links to 2%, 5%, 10%. If data is all that, my expectation is the data links exist.
Oof that’s low than I thought. I live in southern California and I know a lot of family in/around the Nepali community who can easily breach the percentile. Crazy.
Easy peasy. Inherit a lot of money.
I think there are a lot of dual professional couples in the household category. We are basically at the 1% tier for our state (GA), and we have corporate jobs where we have slowly climbed the ranks over the years (we are in mid 40s).
A lot of our neighbors would likely fall into the same category. Single earner households are quite rare amongst people we know.
Just want to point out that 99% of you will fail to join the 1%
That actually feels low. I’ve seen other data sets that show 750-1.2mm as the top 1%
Ok, I hit the top 1% last year in my state. How do I still feel broke? How do the other 99% of people even get by? How are there so many people with much bigger houses and fancier cars? It seems like everyone in my state is in the 1%. This must not be counting capital gains income.
I have to triple my income to earn the hate I already get. Damnit man.
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