Dec 9, 2024 - News
Minnesota's richest of the rich
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Minnesotans needed to bring home $648,000 annually to rank in the top 1% of earners in 2021.
By the numbers: Adjusting those figures into 2024 dollars, that means you need to earn more than $739,000 today to break from the ranks of the "99%."
The big picture: The threshold for one-percenters varies by state. Nationally, it's $797,000 in today's dollars.
- Washington, D.C. ($1.22 million), Connecticut ($1.17 million), Massachusetts ($1.13 million) and California ($1.05 million) have the highest cutoffs.
The other side: West Virginians need to make about $426,000 to be in their state's 1%.