But the annual income that gets you there depends on where you live. The Economic Policy Institute calculated how much money puts a household in the top 1% of income earners in each of the 50 US states. For the US overall, the income threshold required to be in the 1% of earners is $389,436, pre-tax.
Likewise, what is the meaning of one percenter?
Some outlaw motorcycle clubs can be distinguished by a "1%" patch worn on the colors. This is said to refer to a comment by the American Motorcyclist Association (AMA) that 99% of motorcyclists were law-abiding citizens, implying the last one percent were outlaws.
What is the income of a one percenter?
To be certified as a one-percenter, you'll need to bring in even more income each year. According to statistical data from the Internal Revenue Service (IRS), the top 1% had an adjusted gross income of $465,626 or higher for the 2014 tax year.
How much to be in the 1 percent?
To reach the threshold of the top 1 percent of income earners in the U.S., you need to make $389,436 a year or more, a 2013 Economic Policy Institute report finds. But the cut off varies depending on how old you are.
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