Here's the income it takes for a family to be part of the 1% in every state

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Here's the income it takes for a family to be part of the 1% in every state

top 1 percent income wealth

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The income required to be rich in 19 states tops $400,000.

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The feeling of being wealthy is largely relative. One man's "rich" may be another man's "broke."

Economically, however, the delineation is clear. A family in the United States needs a minimum annual income of $421,926 to be in the top 1% of earners, according to data adapted from an Economic Policy Institute report originally published in July 2018.

The average income for families in the top 1%? $1,316,985.

"In 2015, a family in the top 1 percent nationally received, on average, 26.3 times as much income as a family in the bottom 99 percent," the researchers, Estelle Sommelier and Mark Price, wrote.

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In this data, the term family is used to represent one tax unit - either a single adult or married couple who files taxes and may or may not have dependents - and all figures are from 2015. The minimum income needed to be in the top 1% in every state ranges from $255,000 in Arkansas to more than $700,000 in Connecticut.

Below, find out how much annual income it takes to be part of the 1% in every state, plus the average annual income of families in the 1%. The states and Washington, DC, are ranked in ascending order by annual income.

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51. Arkansas

51. Arkansas

Minimum income to be in the top 1%: $255,050

Average income in the top 1%: $864,772

50. Mississippi

50. Mississippi

Minimum income to be in the top 1%: $254,362

Average income in the top 1%: $580,461

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49. New Mexico

49. New Mexico

Minimum income to be in the top 1%: $255,429

Average income in the top 1%: $615,082

48. West Virginia

48. West Virginia

Minimum income to be in the top 1%: $258,078

Average income in the top 1%: $535,648

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47. Kentucky

47. Kentucky

Minimum income to be in the top 1%: $274,818

Average income in the top 1%: $719.012

46. Alabama

46. Alabama

Minimum income to be in the top 1%: $297,564

Average income in the top 1%: $743,644

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45. Maine

45. Maine

Minimum income to be in the top 1%: $303,897

Average income in the top 1%: $655,870

44. Hawaii

44. Hawaii

Minimum income to be in the top 1%: $310,566

Average income in the top 1%: $797,001

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43. Idaho

43. Idaho

Minimum income to be in the top 1%: $314,532

Average income in the top 1%: $829,268

42. Indiana

42. Indiana

Minimum income to be in the top 1%: $316,756

Average income in the top 1%: $804,275

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41. Louisiana

41. Louisiana

Minimum income to be in the top 1%: $318,393

Average income in the top 1%: $814,386

40. South Carolina

40. South Carolina

Minimum income to be in the top 1%: $318,463

Average income in the top 1%: $761,185

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39. Montana

39. Montana

Minimum income to be in the top 1%: $321,849

Average income in the top 1%: $855,976

38. Vermont

38. Vermont

Minimum income to be in the top 1%: $321,969

Average income in the top 1%: $816,579

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37. Missouri

37. Missouri

Minimum income to be in the top 1%: $326,839

Average income in the top 1%: $944,804

36. Michigan

36. Michigan

Minimum income to be in the top 1%: $328,649

Average income in the top 1%: $917,701

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35. Arizona

35. Arizona

Minimum income to be in the top 1%: $331,074

Average income in the top 1%: $882,657

34. Iowa

34. Iowa

Minimum income to be in the top 1%: $331,572

Average income in the top 1%: $788,419

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33. Tennessee

33. Tennessee

Minimum income to be in the top 1%: $332,913

Average income in the top 1%: $947,021

32. Oklahoma

32. Oklahoma

Minimum income to be in the top 1%: $333,139

Average income in the top 1%: $932,520

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31. Ohio

31. Ohio

Minimum income to be in the top 1%: $334,979

Average income in the top 1%: $858,965

30. Delaware

30. Delaware

Minimum income to be in the top 1%: $340,770

Average income in the top 1%: $869,461

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29. Nevada

29. Nevada

Minimum income to be in the top 1%: $341,335

Average income in the top 1%: $1,354,780

28. North Carolina

28. North Carolina

Minimum income to be in the top 1%: $343,066

Average income in the top 1%: $902,972

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27. Rhode Island

27. Rhode Island

Minimum income to be in the top 1%: $346,657

Average income in the top 1%: $928,204

26. Wisconsin

26. Wisconsin

Minimum income to be in the top 1%: $349,905

Average income in the top 1%: $964,358

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25. Oregon

25. Oregon

Minimum income to be in the top 1%: $358,937

Average income in the top 1%: $908,898

24. Nebraska

24. Nebraska

Minimum income to be in the top 1%: $363,310

Average income in the top 1%: $945,869

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23. Georgia

23. Georgia

Minimum income to be in the top 1%: $371,811

Average income in the top 1%: $995,576

22. Utah

22. Utah

Minimum income to be in the top 1%: $374,467

Average income in the top 1%: $1,057,066

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21. Kansas

21. Kansas

Minimum income to be in the top 1%: $375,344

Average income in the top 1%: $1,034,676

20. Pennsylvania

20. Pennsylvania

Minimum income to be in the top 1%: $388,593

Average income in the top 1%: $1,100,962

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19. Alaska

19. Alaska

Minimum income to be in the top 1%: $400,017

Average income in the top 1%: $910,059

18. New Hampshire

18. New Hampshire

Minimum income to be in the top 1%: $405,286

Average income in the top 1%: $1,134,101

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17. Wyoming

17. Wyoming

Minimum income to be in the top 1%: $405,596

Average income in the top 1%: $1,900,659

16. South Dakota

16. South Dakota

Minimum income to be in the top 1%: $407,406

Average income in the top 1%: $1,130,048

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15. Texas

15. Texas

Minimum income to be in the top 1%: $440,758

Average income in the top 1%: $1,343,897

14. North Dakota

14. North Dakota

Minimum income to be in the top 1%: $445,415

Average income in the top 1%: $1,080,845

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13. Florida

13. Florida

Minimum income to be in the top 1%: $417,587

Average income in the top 1%: $1,543,124

12. Virginia

12. Virginia

Minimum income to be in the top 1%: $425,144

Average income in the top 1%: $1,109,984

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11. Minnesota

11. Minnesota

Minimum income to be in the top 1%: $443,118

Average income in the top 1%: $1,185,581

10. Maryland

10. Maryland

Minimum income to be in the top 1%: $445,783

Average income in the top 1%: $1,135,718

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9. Washington

9. Washington

Minimum income to be in the top 1%: $451,395

Average income in the top 1%: $1,383,223

8. Illinois

8. Illinois

Minimum income to be in the top 1%: $456,377

Average income in the top 1%: $1,412,024

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7. Colorado

7. Colorado

Minimum income to be in the top 1%: $458,576

Average income in the top 1%: $1,261,053

6. California

6. California

Minimum income to be in the top 1%: $514,694

Average income in the top 1%: $1,693,094

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5. New York

5. New York

Minimum income to be in the top 1%: $550,174

Average income in the top 1%: $2,202,480

4. Massachusetts

4. Massachusetts

Minimum income to be in the top 1%: $582,774

Average income in the top 1%: $1,904,805

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3. New Jersey

3. New Jersey

Minimum income to be in the top 1%: $588,575

Average income in the top 1%: $1,581,829

2. Washington, DC

2. Washington, DC

Minimum income to be in the top 1%: $598,155

Average income in the top 1%: $1,858,878

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1. Connecticut

1. Connecticut

Minimum income to be in the top 1%: $700,800

Average income in the top 1%: $2,522,806