To earn a salary in the top 1% in every U.S. state.

To be among the top 1% of earners in the richest U.S. states and Washington, D.C., you must make more than $1 million annually, according to a new GOBankingRates study.

In the U.S., being a top earner in D.C. requires making $1,250,029 or more, which is the highest threshold. Five other states also require earning over $1 million to be considered a top earner: Connecticut, Massachusetts, California, Washington, and New Jersey.

Based on the 2024 dollar values, GOBankingRates has adjusted the 1% thresholds from individual tax return data processed by the Internal Revenue Service in 2022. Here's a look at where the 1% earn the most.

1. Washington, D.C.: $1,250,029
2. Connecticut: $1,192,947
3. Massachusetts: $1,152,992
4. California: $1,072,248
5. Washington: $1,024,599
6. New Jersey: $1,010,101
7. New York: $999,747
8. Colorado: $896,273
9. Florida: $882,302
10. Wyoming $872,896

Washington, D.C. has a higher threshold compared to states like California and New York due to its smaller population and higher concentration of high-income earners. The majority of the highest-paid professionals in D.C. work in the government sector, which includes senior officials, lobbyists, and lawyers.

While most states have larger populations, Connecticut has a smaller population. Its largest industry is financial services, with hedge funds and investment firms located in the state that typically offer high salaries.

The Bay State ranks third owing to its diverse industries offering high-paying specialized jobs in financial services, education, technology, and healthcare.

West Virginia has the lowest income threshold for the top 1% of earners, with a starting point of $435,302, while the nationwide median is $707,296.

Below are the 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

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