The income it takes to be in the top 1% of earners in every U.S. state—it's over $700,000 on average

To be a member of the elusive 1%, you might need to make more than $1 million this year.

But it depends on what state you live in: You could also make it into the group if your adjusted gross household income is just over $416,000.

That’s according to a July study by SmartAsset, which calculated income thresholds for the top 1% in each state using the latest IRS tax return data from 2023, adjusted for inflation to 2025 dollars.

Of the 1.5 million households who fall into the top 1% of earners, the national average annual income to be part of the group is $731,492. In 2023, the latest year we have data for, the median household income in the U.S. was $80,610, according to the Census Bureau.

The state with the highest income threshold is Connecticut, where the 1% make at least $1,056,996 in household income. West Virginia has the lowest threshold at $416,310.