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The income threshold to become a part of the 1% really depends on where you live, according to a new study from Go Banking Rates. Unsurprisingly, in California, that income threshold starts at over $1 million.

Researchers for the finance website sought to figure out how much a person would have to make to become a top earner in each state. Connecticut, home to various financial services and wealthy hedge funds, had the highest income threshold of about $1.2 million.

Massachusetts and California rounded out the top three with the 1% earning over $1.1 million and $1 million, respectively.

In five states, Connecticut, Massachusetts, California, Washington and New Jersey, residents need to make over $1 million to be apart of the 1%

In contrast, West Virginia had the lowest income requirement, with residents making $435,302 to be a 1% earner.

Here are the income thresholds for each state in alphabetical order:

  • Alabama: $577,017
  • Alaska: $642,707
  • Arizona: $713,264
  • Arkansas: $550,469
  • California: $1,072,248
  • Colorado: $896,273
  • Connecticut: $1,192,947
  • Delaware: $640,330
  • Florida: $882,302
  • Georgia: $725,284
  • Hawaii: $631,383
  • Idaho: $728,859
  • Illinois: $811,004
  • Indiana: $572,403
  • Iowa: $591,921
  • Kansas: $674,225
  • Kentucky: $532,013
  • Louisiana: $608,143
  • Maine: $609,173
  • Maryland: $767,688
  • Massachusetts: $1,152,992
  • Michigan: $625,158
  • Minnesota: $755,880
  • Mississippi: $456,309
  • Missouri: $610,837
  • Montana: $741,182
  • Nebraska: $651,641
  • Nevada: $804,627
  • New Hampshire: $839,742
  • New Jersey: $1,010,101
  • New Mexico: $493,013
  • New York: $999,747
  • North Carolina: $688,506
  • North Dakota: $708,284
  • Ohio: $601,685
  • Oklahoma: $559,981
  • Oregon: $707,296
  • Pennsylvania: $720,778
  • Rhode Island: $673,902
  • South Carolina: $632,805
  • South Dakota: $752,849
  • Tennessee: $702,934
  • Texas: $789,003
  • Utah: $811,929
  • Vermont: $645,255
  • Virginia: $787,471
  • Washington: $1,024,599
  • Washington, D.C.: $1,250,029
  • West Virginia: $435,302
  • Wisconsin: $631,993
  • Wyoming: $872,896

The complete study can be found here.

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