4 ms·
Top 1% in the US is a hair over $500k/year. https://www.usatoday.com/story/money/2020/07/01/how-much-you-need-to-make-to-be-in-the-1-in-every-state/112002276/
by alistairSH 6y ago
Top 1% in the US is a hair over $500k/year.
https://www.usatoday.com/story/money/2020/07/01/how-much-you-need-to-make-to-be-in-the-1-in-every-state/112002276/ https://www.usatoday.com/story/money/2020/07/01/how-much-you...
Top 5% is around $160k/year.
Those are both household numbers. So, the top 1% wouldn't be unusual for a couple in mid-career working for a FAANG on the West Coast. But, definitely not normal or easy, especially anywhere else in the country.
Top 5% would be just about any dual-income, white-collar household in a reasonably sized metro area.