Photo: Angela Roma

What is top 1% earner in US?

dqydj.com - Who Are the Top One Percent by Income or Net Worth in 2022?

Who's the Zodiac Killer name?

Gary F. Poste has been identified as the infamous Zodiac Killer by The Case Breakers, which investigates cold cases. Oct 6, 2021

Last updated Apr 29, 2020

What kind of oil do you anoint your house with?

All you need is some oil (olive, sesame, canola, etc.) and a Bible. You can also find anointing oil at your local Christian bookstore, which is...

Last updated Dec 3, 2019

Awaken your dormant DNA ability to attract wealth effortlessly

The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.

Learn More »

Promotion

The concept of the "one percent" has captured the American public's imagination. The phrase crops up everywhere – from presidential debates to signs at protests.

But precise as the phrase seems, it's a murky term. Let's try to clear it up today: who are the top one percent by income and who are the top one percent by net worth in the United States?

Who are the top one percent by income?

$570,003 is the cutoff for a top 1% household income in the United States in 2022. For a single earner, the cutoff is $401,622. The top 1% household income is not the final word, so pick your favorite. Households might have multiple people working – it is often more appropriate to break down the 1% for individual workers. (Or, even by state or city). Let's look at some of the other ways to measure the top one percent by income.

Income of the Top 10% and Top 1% Household and Worker

Percentile Threshold 10.00% 1.00% Individual Income $132,676 $401,622 Household Income $212,110 $570,003

You can find the original source (and methodology) in these posts:

Not enough? These next calculators and posts divide the population into even finer groups. Since it isn't always appropriate to compare workers in different cities or workers of different ages, these posts will help answer your specific questions: The data in these tools and posts is from the 2022 Current Population Survey survey, which means income earned between January and December of 2021.

Who are the top one percent by net worth?

The top one percent of household net worth starts at $11,099,166.

(This net worth threshold is as of 2019, with a few surveys in 2020. See below.) Net worth tends to have an even more extreme spread than income does. While many households in the United States have zero or negative net worth, the same statement isn't valid for income. Household income also reflects transfer payments, while the government isn't (really) in the business of transferring wealth.

Net Worth of the 10%, 1%, and .1% Households

Percentile Threshold 10% 2% 1% 0.10% Net Worth $1,219,126 $6,557,023 $11,099,166 $43,207,732

How long do gemstones take to work?

A premium quality Gemstone starts showing results after 10-15 days of wearing. It may start giving minor results before this duration also. The...

Last updated Apr 8, 2021

What zodiac signs are inspiring?

5 Zodiac signs who are great at motivating and love to push others to do good VIRGO. Next up we have Virgo who only lets in a few people in life....

Last updated Nov 13, 2018

Awaken your dormant DNA ability to attract wealth effortlessly

The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.

Learn More »

Promotion

Looking at the one percent by net worth is more useful than income. If we had our way, a view of the top 10%, 1%, and .1% would concentrate on accumulated wealth, not affluence. This data comes from the 2019 Survey of Consumer Finances from the Federal Reserve. (This is the newest SCF data until likely 2023). We calculated these breakpoints for our American wealth and net worth percentiles article.

Clarity Around the Top 1%

As you can imagine, since there are a few ways to define the top 1% the topic inspires a number of questions. I've done my best to address the most common questions around the American top 1% here.

Does top one percent mean by income or by net worth?

Net worth is a better way to rank the top one percent than income. If you do use income to determine the top one percent of individuals, individual income is the best choice for determining the one percent. Net worth is a better way to rank the top one percent than income. DQYDJ Household income disguises the true income figure when there are multiple earners in a household. For example, a household may have two working spouses or a child living at home. Household income also doesn't account for the spending difference in household sizes. Using net worth to decide on the one percent threshold is even better. Household net worth sidesteps spending and cost of living questions because net worth is by definition not spent. Regardless of household size or location, net worth is always unspent resources. Net worth is the accurate measure of how much 'extra 'a household has accumulated. (Top one percent net worth households show up as a hockey stick in inequality, too.)

Is there a correlation between income and net worth?

There is some correlation between wealth and income, but it's not as high as you might suspect – and it changes by age. Wealth is truly the measure of the highest classes. One interesting stat: going from the top 10% of wealth to the top 1% requires a significant jump while income "only" requires a much smaller bump.

What is Psalm 136 used for?

Psalm 136 lays out the proper use of power by showing four examples of how God uses power. The first example comes in verses 4-9. It shows God's...

Last updated Nov 15, 2022

Is cinnamon a healing spice?

Cinnamon is rich in antioxidants and other beneficial compounds. Some research suggests that it may help support blood sugar control, protect...

Last updated Oct 28, 2019

Awaken your dormant DNA ability to attract wealth effortlessly

The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.

Learn More »

Promotion

How many people are in the top 1%?

Depending on your preference, there are roughly 1,313,147 households in the top one percent or 1,760,941 workers.

Are millionaires in the top 1%?

No. By net worth, millionaires are a bit more than the top 10% of net worth in America, but nowhere near the top 1%. A household with $1,000,000 in net worth needs to approximately 11x their wealth to be in the top 1%.

See more data on millionaires in America.

At what point are you considered a millionaire?

Being a millionaire means you have accumulated one million dollars in net worth, it doesn't mean you earn one million dollars a year. For net worth, you sum all of your assets and subtract all of your debts to come up with a number of dollars you would have if you liquidated everything.

You should include your primary home in your net worth.

What percentage of wealth is held by the top 1%?

In the first quarter of 2021, the top 1% of households and nonprofit organizations held 32.1% of all net worth in the United States.

What percentage of wealth is held by the bottom 50%?

In the first quarter of 2021, the lower 50% of households and nonprofit organizations held 2.0% of all net worth in the United States.

What is the average and median net worth by age?

Age Average Net Worth Median Net Worth 18-24 $28,707.13 $8,216.04 25-29 $49,387.83 $7,511.60 30-34 $122,699.69 $35,111.76 35-39 $274,112.44 $55,519.42 40-44 $623,694.13 $127,344.55 45-49 $761,560.21 $164,196.96 50-54 $897,663.14 $171,320.07 55-59 $1,165,476.62 $193,548.76 60-64 $1,187,729.54 $228,832.56 65-69 $1,250,678.99 $271,805.38 70-74 $1,173,653.23 $258,531.36 75-79 $945,479.81 $272,976.15 80+ $973,141.05 $235,192.87 You can find the methodology behind this data in the net worth by age calculator.

dqydj.com - Who Are the Top One Percent by Income or Net Worth in 2022?

What herb makes you go to the bathroom?

Parsley. Parsley is a common herb that may help with digestive disorders. A tea that includes the leaves or seeds of the plant may help to relieve...

Last updated Aug 26, 2020

What is the most luckiest number in the universe?

Perhaps part of the answer lies in a seminal paper published in 1956 by the psychologist George A Miller called “The Magical Number Seven, Plus or...

Last updated Jan 1, 2019

Awaken your dormant DNA ability to attract wealth effortlessly

The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.

Learn More »

Promotion

What is the most successful birthday?

The Most Successful Birthdays Out of 365 days in a year, April 30 proves to be the birthday that has produced the most winners. Among 1,000 winners...

Last updated Dec 14, 2019

Promotion

What is the secret to financial success?

The biggest secret to financial success – or success in any endeavor – is to think farther ahead than most people do. To illustrate how that works,...

Last updated Jun 21, 2022