The Money You Need To Have To Be In The Top 1%

Just between us, let’s admit it—Americans are money-motivated. We want to be wealthy, have a large McMansion in an exclusive neighborhood, luxury-status cars, fancy vacations, summer homes and the newest and coolest tech gadgets. The list of materialistic possessions is never-ending.

In addition to our rapacious pursuit of getting rich, we like to watch a little money-porn. It could be reading the top richest lists, watching CNBC, checking out what stocks the Robinhood day traders are piling into and daydreaming about how much you’d be worth if you bought Bitcoin 10-plus years ago. 

I know you also really want to know how much your neighbor earns and wonder if they have more money than you do. To satisfy your lust, here’s what it takes to be in the rarefied 1% in some of the states in the U.S.

California: Minimum net worth of the state’s top 1%: $6,806,380  

Connecticut: Minimum net worth of the state’s top 1%: $3,603,629 

Florida: Minimum net worth of the state’s top 1%: $3,635,565 

Illinois: Minimum net worth of the state’s top 1%: $1,895,250 

Massachusetts: Minimum net worth of the state’s top 1%: $4,365,167 

Nevada: Minimum net worth of the state’s top 1%: $3,158,259 

New Jersey: Minimum net worth of the state’s top 1%: $3,546,260 

New York: Minimum net worth of the state’s top 1%: $4,241,636 

Pennsylvania: Minimum net worth of the state’s top 1%: $2,002,334 

Texas: Minimum net worth of the state’s top 1%: $1,257,403

Virginia: Minimum net worth of the state’s top 1%: $2,807,791 

Here’s the rest of the data compiled by Newsweek.

Sorry, I hope I didn’t depress you.