Tuesday, January 27, 2015

What It Takes to Make the Top 1% of Incomes In Each State

From Vox:
This is how much you need to earn to join your state's top 1 percent
It takes around $385,000 of annual income to get into the US's top 1 percent. But if you really want to count yourself among the 1 percent in some way, you could always move to Arkansas. There, it takes only $228,000.

new report from the left-leaning Economic Policy Institute illustrates what inequality looks like from state to state. Perhaps not surprisingly, it takes a lot to get into the top 1 percent in the area near Wall Street — Connecticut has the highest bar to getting into the top, at $678,000. New York and New Jersey are close behind. 

Here's what it takes to be in the top 1 percent in your state:
Inequality by state
(Economic Policy Institute)