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How much income to be in top one percent for largest US cities


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

Columbus, Ohio

Columbus, Ohio.f11photo/Shutterstock

Population: 850,106

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

Median household income: $45,659

Indianapolis

Indianapolis

Indianapolis, Indiana.alexeys/Shutterstock

Population: 853,173

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

Median household income: $41,987

San Francisco

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

San Jose, California

San Jose, California.mTaira/Shutterstock

Population: 1,026,908

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

Median household income: $84,647

Dallas

Dallas

Dallas, Texas.Shutterstock

Population: 1,300,092

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

Median household income: $43,781

San Diego

San Diego

San Diego, California.Dancestrokes/Shutterstock

Population: 1,394,928

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

Median household income: $66,116

San Antonio

Population: 1,469,845

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

Median household income: $46,744

Phoenix

Population: 1,563,025

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

Median household income: $47,326

Philadelphia

Philadelphia

Philadelphia, Pennsylvania.SINITAR/Shutterstock

Population: 1,567,442

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

Median household income: $38,253

Houston

Population: 2,296,224

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

Median household income: $46,187

Chicago

Population: 2,720,546

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

Median household income: $48,522

Los Angeles

Los Angeles

Los Angeles, California.View Apart/Shutterstock

Population: 3,971,883

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

Median household income: $50,205

New York City

New York City

New York, New York.dibrova/Shutterstock

Population: 8,550,405

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

Median household income: $53,373

 

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