Top 1 Percent Threshold by State 2025
Connecticut
$955,261
Massachusetts
$896,932
New Jersey
$825,965
New York
$817,796
California
$805,519
Washington
$736,084
Colorado
$682,897
Florida
$678,816
Illinois
$666,202
Texas
$641,449
Virginia
$635,705
Wyoming
$635,458
New Hampshire
$634,464
Maryland
$634,255
Minnesota
$616,326
Pennsylvania
$591,900
Georgia
$586,207
North Dakota
$578,237
Utah
$577,024
Nevada
$571,593
North Carolina
$554,221
Oregon
$551,004
South Dakota
$549,189
Arizona
$546,798
Rhode Island
$545,345
Kansas
$539,002
Tennessee
$535,065
Alaska
$529,327
Delaware
$526,858
Wisconsin
$514,561
Montana
$514,013
Michigan
$511,240
Nebraska
$510,981
Idaho
$508,126
South Carolina
$506,496
Vermont
$502,425
Missouri
$501,197
Ohio
$494,704
Louisiana
$489,521
Hawaii
$487,092
Maine
$486,893
Oklahoma
$483,606
Iowa
$474,160
Indiana
$471,007
Alabama
$466,719
Kentucky
$447,370
Arkansas
$446,276
New Mexico
$418,970
Mississippi
$383,128
West Virginia
$374,712
State | One Percent Income Threshold↓ | One Percent Income Tax Rate | Five Percent Income Threshold | Five Percent Average Income Tax Rate | |
|---|---|---|---|---|---|
 | Connecticut | $955,261 | 27.77% | $336,866 | 24.9% |
 | Massachusetts | $896,932 | 26.46% | $349,737 | 23.9% |
 | New Jersey | $825,965 | 27.36% | $338,884 | 23.88% |
 | New York | $817,796 | 27.48% | $287,752 | 24.54% |
 | California | $805,519 | 26.78% | $317,791 | 23.56% |
 | Washington | $736,084 | 25.02% | $312,907 | 22.22% |
 | Colorado | $682,897 | 25.24% | $288,694 | 21.79% |
 | Florida | $678,816 | 25.23% | $243,617 | 22.34% |
 | Illinois | $666,202 | 26.23% | $271,049 | 22.49% |
 | Texas | $641,449 | 25.71% | $258,369 | 22.17% |
 | Virginia | $635,705 | 25.8% | $294,495 | 21.89% |
 | Wyoming | $635,458 | 23.04% | $233,212 | 20.88% |
 | New Hampshire | $634,464 | 25.74% | $281,154 | 22.04% |
 | Maryland | $634,255 | 25.7% | $287,246 | 21.82% |
 | Minnesota | $616,326 | 25.45% | $264,140 | 21.38% |
 | Pennsylvania | $591,900 | 25.63% | $250,528 | 21.58% |
 | Georgia | $586,207 | 24.47% | $242,967 | 20.82% |
 | North Dakota | $578,237 | 23.95% | $240,797 | 20.37% |
 | Utah | $577,024 | 23.42% | $239,222 | 20% |
 | Nevada | $571,593 | 24.53% | $221,842 | 21.41% |
 | North Carolina | $554,221 | 24.8% | $238,562 | 20.63% |
 | Oregon | $551,004 | 24.53% | $246,539 | 20.35% |
 | South Dakota | $549,189 | 23.84% | $219,642 | 19.98% |
 | Arizona | $546,798 | 24.43% | $235,447 | 20.58% |
 | Rhode Island | $545,345 | 24.7% | $240,792 | 20.9% |
 | Kansas | $539,002 | 24.37% | $231,855 | 20.39% |
 | Tennessee | $535,065 | 24.91% | $220,362 | 20.91% |
 | Alaska | $529,327 | 24.91% | $250,103 | 20.55% |
 | Delaware | $526,858 | 24.53% | $241,817 | 20.46% |
 | Wisconsin | $514,561 | 24.88% | $223,102 | 20.69% |
 | Montana | $514,013 | 23.46% | $216,789 | 19.52% |
 | Michigan | $511,240 | 24.82% | $225,673 | 20.56% |
 | Nebraska | $510,981 | 23.73% | $224,759 | 19.75% |
 | Idaho | $508,126 | 22.86% | $217,945 | 19.08% |
 | South Carolina | $506,496 | 24.46% | $219,743 | 20.15% |
 | Vermont | $502,425 | 22.87% | $226,515 | 19.32% |
 | Missouri | $501,197 | 24.5% | $218,638 | 20.42% |
 | Ohio | $494,704 | 24.72% | $213,911 | 20.32% |
 | Louisiana | $489,521 | 24.68% | $212,223 | 20.17% |
 | Hawaii | $487,092 | 23.43% | $231,685 | 19.28% |
 | Maine | $486,893 | 23.18% | $215,213 | 19.1% |
 | Oklahoma | $483,606 | 23.65% | $210,109 | 19.49% |
 | Iowa | $474,160 | 23.6% | $217,390 | 19.19% |
 | Indiana | $471,007 | 23.94% | $208,917 | 19.54% |
 | Alabama | $466,719 | 23.28% | $209,636 | 19.24% |
 | Kentucky | $447,370 | 23.78% | $199,963 | 19.3% |
 | Arkansas | $446,276 | 22.57% | $198,233 | 19% |
 | New Mexico | $418,970 | 22.67% | $201,646 | 18.86% |
 | Mississippi | $383,128 | 22.47% | $181,094 | 17.89% |
 | West Virginia | $374,712 | 23.56% | $183,973 | 18.45% |
When it comes to wealth distribution, understanding the threshold for being in the top 1 percent is crucial. The top 1 percent threshold varies from state to state due to differences in income levels, cost of living, and other economic factors. According to data from SmartAsset, which analyzed income distribution across the United States, the threshold for being in the top 1 percent differs significantly depending on where you live. For example, in states like New York and Connecticut, where the cost of living and income levels are generally higher, the threshold to be in the top 1 percent is substantially higher compared to states with lower costs of living, such as Mississippi and West Virginia. This disparity reflects the complex interplay between income, wealth, and economic conditions across the country.
