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Your Local 1-Percenters May Not Be as Rich as You Think
To be in the top 1 percent of incomes nationally, families need to take in a minimum of $389,436. The average income of America’s 1-percenters is $1,153,293, according to a recent study by the Economic Policy Institute.
Teton County, Wyo., is the richest in America when it comes to 1 percent incomes, with 1-percenters earning more than $2.2 million. New York County, or Manhattan, ranks second, with a $1.44 million threshold, followed by Fairfield County, Conn., with just under $1.4 million. The tech boom has helped the 1 percent in San Mateo County and Marin County, Calif., where they earn at least $1.1 million.
By contrast, you need only $97,000 to be a 1-percenter in Holmes County, Miss., or Lamar County, Ala., or $108,000 in Grayson County, Va.