What income puts you in the top 5 percent?
The top 5% of households, three quarters of whom had two income earners, had incomes of $166,200 (about 10 times the 2009 US minimum wage, for one income earner, and about 5 times the 2009 US minimum wage for two income earners) or higher, with the top 10% having incomes well in excess of $100,000.
What is the top 1% income?
A family in the United States needs an annual income of at least $421,926 to be in the top 1% of earners, according to Economic Policy Institute data. 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.
How much do the top 5 percent earn UK?
|Percentile point||Wealth to qualify||Percentage of total wealth owned by people at and above this level|
|Top 1%||£688,228||21% of total UK wealth|
|2%||£460,179||28% of total UK wealth|
|5%||£270,164||40% of total UK wealth|
|10%||£176,221||53% of total UK wealth|
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What level of wealth is the 1 percent?
Net Worth of the 10%, 1%, and . 1% Households