Here’s How Much You Need To Earn To Be ‘Rich’ in Every State
Because cost of living varies widely across the United States, being “rich” in one state might seem like just getting by in another and vice versa. “Rich” is a subjective term, and where you live has a lot to do with whether you can consider yourself truly wealthy.
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To get an idea of what it really looks like to be rich in America, GOBankingRates used IRS data to conduct a study of the top incomes as they break down by state. It lays out what income level is needed to place you in the top 20% and the top 5% of incomes within your state. Check out how much money you need to be “rich” in your state.