? If you make a healthy six figures, you might be in the top 1% of wage earners in the United States.
top 10% of wage earners in the U.S.
You can start this week.
How Much Does the Top 1% Make?
, you need to make $794,129 annually to be in the top 1% of wage earners in the United States. This is based on an analysis of 2023 wage data, the most recent available.
To break this down, you’d need to earn about $66,178 per month, or about $15,272 per week, to be in the top 1% of income earners in the U.S.
This salary figure is a decrease of 3.30% from the previous year, suggesting that the top 1% earners have not experienced the same wage growth as those in the bottom 99%.
How Much Do the Top 5% and Top 10% Make?
If you’re not making over $750,000 per year, you might not be part of the 1%. But if you make six figures, there’s a chance you’re in the top 10% of wage earners in the U.S. — or even the top 5%.
Here’s how much you need to make to be in the top 5% and the top 10% in America:
- $352,773
- $148,812
As you can see, earning just under $150,000 puts you in the top 10% of all wage earners in the U.S. This doesn’t put you in the elite class of top 1% earners, but you make more, on average, than 90% of American households.
If you make just more than double that amount, you’ll be in the top 5% of American household income.
The Top 1% Income Varies by State
Being a top 1% income earner in the U.S. doesn’t necessarily make you part of the top 1% wage earners in your state. In fact, the salary for the top 1% of earners varies quite a bit — depending on where you live.
on location-specific data, showing how much you would need to have earned in 2024 — inflation adjusted from 2021 data — to part of the 1% in your state.
Here’s the salary required to be part of the 1% in the top 10 states:
- $1,192,947
- $1,152,992
- $1,072,248
- $1,024,599
- $1,010,101
- $999,747
- $896,273
- $882,302
- $872,896
- $839,742
As you can see, the numbers vary by more than $350,000 from Connecticut to New Hampshire.
Here’s the data for the 10 lowest-earning states:
- $601,685
- $591,921
- $577,017
- $572,403
- $559,981
- $550,469
- $532,013
- $493,013
- $456,309
- $435,302
The difference between top 1% wage earners in Connecticut and West Virginia is over $750,000 per year!
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Here’s the Minimum Salary Required To Be Considered in the Top 1% in 2025