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Jan 10, 2021 · - Minimum net worth of the state's top 1 percent: $6,806,380 (647.1 percent more than median net worth) - Median net worth of all California homeowners: $911,086
Sep 25, 2023 · State Top 1% Income Threshold Top 1% Tax Rate (% of annual income) 1: Connecticut: $952,902: 28.40%: 2: Massachusetts: $903,401: 27.15%: 3: California: $844,266: 26.95%: 4: New Jersey: $817,346: 28.01%: 5: Washington: $804,853: 25.99%: 6: New York: $776,662: 28.29%: 7: Colorado: $709,092: 25.86%: 8: Florida: $694,987: 25.82%: 9: Illinois ...
Mar 9, 2023 · 1. Connecticut. The Constitution State takes the No. 1 spot once again. Here, residents would need to earn roughly $955,000 to be in the top 1% of taxpayers. That makes it the only state requiring more than $900,000. Connecticut residents need to earn at least $336,800 to fall into the top 5%.
Jul 17, 2023 · 1. Connecticut. The Constitution State is one of two states where households must earn more than $900,000 per year to reach the top 1%. In 2023, the ultra-wealthy group of households make $952,902 – $300,000 more than the national average. Meanwhile, the top 1% pays the highest effective tax rate across our study (28.4%). 2. Massachusetts.
Jun 8, 2023 · As with income, however, the amount you need to have to be in the top 1% of net worth varies by state. In Connecticut, for example, you would need a net worth of at least $3,603,629 to be in the...
Sep 30, 2023 · 8:54. You need to earn $652,657 a year to be in the top 1% of U.S. households, but that number is even higher in some states.
Jan 24, 2023 · State by state, the incomes the top 1% of earners in the U.S. bring in vary by over a half million dollars, according to a new analysis of 2022 incomes by personal finance website...
