Minimum Income Of Top 1 Percent
Earners a family needs an income of 421 926 a new report from the economic policy institute finds.
Minimum income of top 1 percent. As for the top earning 400 a number. The income threshold to enter the top 1 percent of u s. In fact the average difference between these two numbers for every state is an eye popping 715 482. Find out how close you are to the top 1 with our income ranking calculator.
Top 1 of earners. That s according to an analysis from the economic policy center which analyzed tax data on income. Think about it this way. The top 1.
That dollar figure marks the minimum income to be counted among the top 1 percent though most people in that category earn are more average annual income is 1 48 million. However the threshold varies significantly among states. Top 5 of earners. To be a 1 percenter you need to have an adjusted gross income of at least 480 930 according to the latest data from the irs which looked at income statistics for tax year 2015.
If you live in connecticut you need to make 700 800 a year just to be counted among the top 1. But that s a pittance. To be among the top 1 percent of u s. To make the top one percent of the one percent that is the top 0 01 you needed a minimum income nationwide of 8 32 million in 2013 according to epi.
According to a list compiled by bloomberg using data from the world inequality database and statistics. Top 10 of earners.