Percentage of Households Making Over $250,000 by State 2025
District of Columbia
20%
Massachusetts
16%
Connecticut
14%
New Jersey
14%
California
13%
New Hampshire
13%
Washington
13%
Colorado
12%
Hawaii
12%
Maryland
12%
Alaska
11%
New York
11%
Vermont
11%
Virginia
11%
Utah
10%
Delaware
9%
Illinois
9%
Michigan
9%
Minnesota
9%
Nebraska
9%
Oregon
9%
Rhode Island
9%
Texas
9%
Wisconsin
9%
Arizona
8%
Georgia
8%
Maine
8%
Missouri
8%
Nevada
8%
Ohio
8%
Pennsylvania
8%
South Dakota
8%
Florida
7%
Indiana
7%
Kansas
7%
Montana
7%
North Carolina
7%
South Carolina
7%
Alabama
6%
Idaho
6%
Iowa
6%
North Dakota
6%
Tennessee
6%
Kentucky
5%
New Mexico
5%
Oklahoma
5%
Wyoming
5%
Arkansas
4%
Louisiana
4%
Mississippi
3%
West Virginia
3%
State | % of Households Making Over 250k ↓ | Average Gross Income 2024 | Median Gross Income 2024 | |
|---|---|---|---|---|
 | District of Columbia | 20% | $163,421 | $110,825 |
 | Massachusetts | 16% | $145,422 | $105,700 |
 | Connecticut | 14% | $141,649 | $92,148 |
 | New Jersey | 14% | $136,053 | $91,620 |
 | California | 13% | $134,268 | $89,300 |
 | New Hampshire | 13% | $131,932 | $98,920 |
 | Washington | 13% | $132,821 | $94,000 |
 | Colorado | 12% | $130,030 | $96,710 |
 | Hawaii | 12% | $128,986 | $96,320 |
 | Maryland | 12% | $138,093 | $102,150 |
 | Alaska | 11% | $128,216 | $99,208 |
 | New York | 11% | $119,792 | $81,759 |
 | Vermont | 11% | $118,637 | $85,000 |
 | Virginia | 11% | $130,333 | $96,964 |
 | Utah | 10% | $131,404 | $101,013 |
 | Delaware | 9% | $114,638 | $87,003 |
 | Illinois | 9% | $118,130 | $87,620 |
 | Michigan | 9% | $111,282 | $77,028 |
 | Minnesota | 9% | $114,366 | $90,032 |
 | Nebraska | 9% | $118,696 | $89,455 |
 | Oregon | 9% | $116,365 | $88,506 |
 | Rhode Island | 9% | $111,427 | $82,000 |
 | Texas | 9% | $112,924 | $78,600 |
 | Wisconsin | 9% | $112,988 | $79,501 |
 | Arizona | 8% | $110,391 | $83,000 |
 | Georgia | 8% | $103,363 | $72,001 |
 | Maine | 8% | $104,179 | $75,024 |
 | Missouri | 8% | $106,172 | $78,062 |
 | Nevada | 8% | $111,098 | $81,005 |
 | Ohio | 8% | $105,401 | $74,195 |
 | Pennsylvania | 8% | $110,158 | $77,472 |
 | South Dakota | 8% | $108,465 | $82,021 |
 | Florida | 7% | $102,728 | $72,000 |
 | Indiana | 7% | $104,059 | $76,041 |
 | Kansas | 7% | $114,828 | $84,063 |
 | Montana | 7% | $105,915 | $79,406 |
 | North Carolina | 7% | $102,424 | $69,000 |
 | South Carolina | 7% | $100,558 | $69,097 |
 | Alabama | 6% | $88,683 | $60,000 |
 | Idaho | 6% | $96,650 | $73,907 |
 | Iowa | 6% | $101,615 | $80,481 |
 | North Dakota | 6% | $102,734 | $75,626 |
 | Tennessee | 6% | $99,523 | $73,000 |
 | Kentucky | 5% | $97,273 | $62,029 |
 | New Mexico | 5% | $84,625 | $60,100 |
 | Oklahoma | 5% | $93,234 | $67,302 |
 | Wyoming | 5% | $96,238 | $77,082 |
 | Arkansas | 4% | $87,345 | $63,200 |
 | Louisiana | 4% | $78,620 | $57,545 |
 | Mississippi | 3% | $75,425 | $55,000 |
 | West Virginia | 3% | $86,057 | $60,000 |
The data on the percentage of households making over $250,000 reveals interesting insights into income distribution across different states. At the top of the list are Maryland, Massachusetts, and New Jersey, where approximately 13% of households earn over $250,000 annually. These states are known for their thriving economies, high-income industries, and affluent neighborhoods, contributing to their higher percentage of wealthy households.
On the other hand, states like Alabama, Mississippi, and New Mexico have the lowest percentage of households making over $250,000, at around 3%. These states often face economic challenges such as lower job opportunities and wage levels compared to the national average. However, it’s essential to note that these states may have lower costs of living, which can impact income levels differently.
Interestingly, California, despite being known for its high cost of living, ranks lower on the list with 10% of households earning over $250,000. This highlights the disparity within states, where certain regions or metropolitan areas may have significantly higher incomes compared to others.
