To be in the top 1% of earners in the United States, you would need to earn approximately $788,000 as of 2024.
This figure represents an estimate based on IRS data for individual filers in 2021, adjusted to 2024 dollars, as reported by SmartAsset on October 8, 2024. It's important to note that this is an approximation, and the actual threshold may vary slightly depending on the specific year and data source. Reaching the top 5% of earners requires an income of at least $290,000.
Here's a summary:
- Top 1% Income (2024 Estimate): $788,000
- Top 5% Income (2024 Estimate): $290,000