Economic Growth

What you need to earn to be in the top 1% in America's biggest cities

The rising sun lights One World Trade as it stands over the Manhattan borough of New York, U.S., November 2, 2016. REUTERS/Lucas Jackson      TPX IMAGES OF THE DAY      - RTX2RK4E

The income threshold required to be in the 1% of earners is $389,436 pre-tax. Image: REUTERS/Lucas Jackson

Emmie Martin

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?

Columbus, Ohio

Population: 850,106

Income required to be in the top 1%: $379,250

Median household income: $45,659

Indianapolis, Indiana

Population: 853,173

Income required to be in the top 1%: $405,486

Median household income: $41,987

San Francisco, California.

Population: 864,816

Income required to be in the top 1%: $785,946

Median household income: $81,294

Jacksonville, Florida

Population: 868,031

Income required to be in the top 1%: $393,178

Median household income: $46,764

Austin, Texas

Population: 931,830

Income required to be in the top 1%: $543,424

Median household income: $57,689

San Jose, California

Population: 1,026,908

Income required to be in the top 1%: $964,238

Median household income: $84,647

Dallas, Texas.

Population: 1,300,092

Income required to be in the top 1%: $502,229

Median household income: $43,781

San Diego, California.

Population: 1,394,928

Income required to be in the top 1%: $468,862

Median household income: $66,116

San Antonio, Texas.

Population: 1,469,845

Income required to be in the top 1%: $379,336

Median household income: $46,744

Phoenix, Arizona.

Population: 1,563,025

Income required to be in the top 1%: $379,321

Median household income: $47,326

Philadelphia, Pennsylvania.

Population: 1,567,442

Income required to be in the top 1%: $489,305

Median household income: $38,253

Houston, Texas.

Population: 2,296,224

Income required to be in the top 1%: $606,286

Median household income: $46,187

Chicago, Illinois.

Population: 2,720,546

Income required to be in the top 1%: $524,009

Median household income: $48,522

Los Angeles, California.

Population: 3,971,883

Income required to be in the top 1%: $513,715

Median household income: $50,205

New York City, New York.

Population: 8,550,405

Income required to be in the top 1%: $672,795

Median household income: $53,373

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