What you need to earn to be in the top 1% in America's biggest cities
The income threshold required to be in the 1% of earners is $389,436 pre-tax. Image: REUTERS/Lucas Jackson
If you're in your hometown's top 1% of earners, there's no doubt that you're doing well for yourself.
But not all one-percenters are created equal.
The Economic Policy Institute calculated how much money puts a household in the top 1% of income earners in every metropolitan area in the US. For the US overall, the income threshold required to be in the 1% of earners is $389,436 pre-tax, but for populous places like San Francisco and Houston, that number rises to $785,946 and $606,286, respectively.
Below, we've highlighted the annual household income required to be in the top 1% for the 15 largest cities in the US, as determined by the Census Bureau. (But keep in mind that the income thresholds listed apply to the entire metropolitan areas.) We've also included median household income — in 2015 dollars — for comparison purposes.
How do you stack up?
Population: 850,106
Income required to be in the top 1%: $379,250
Median household income: $45,659
Population: 853,173
Income required to be in the top 1%: $405,486
Median household income: $41,987
Population: 864,816
Income required to be in the top 1%: $785,946
Median household income: $81,294
Population: 868,031
Income required to be in the top 1%: $393,178
Median household income: $46,764
Population: 931,830
Income required to be in the top 1%: $543,424
Median household income: $57,689
Population: 1,026,908
Income required to be in the top 1%: $964,238
Median household income: $84,647
Population: 1,300,092
Income required to be in the top 1%: $502,229
Median household income: $43,781
Population: 1,394,928
Income required to be in the top 1%: $468,862
Median household income: $66,116
Population: 1,469,845
Income required to be in the top 1%: $379,336
Median household income: $46,744
Population: 1,563,025
Income required to be in the top 1%: $379,321
Median household income: $47,326
Population: 1,567,442
Income required to be in the top 1%: $489,305
Median household income: $38,253
Population: 2,296,224
Income required to be in the top 1%: $606,286
Median household income: $46,187
Population: 2,720,546
Income required to be in the top 1%: $524,009
Median household income: $48,522
Population: 3,971,883
Income required to be in the top 1%: $513,715
Median household income: $50,205
Population: 8,550,405
Income required to be in the top 1%: $672,795
Median household income: $53,373
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