This Is How Much Money Makes You Rich in Your State, According to Data
The annual income you need to make to be considered wealthy varies by state.

From a strictly financial perspective, do you consider yourself a rich or wealthy person? If you're having trouble coming up with an answer, don't worry—it's a more complex question than you might think. Unless you are a multi-millionaire with more cash than you can count, you may be considered rich and not even know it. What's more, the bar changes depending on where you live. At least that's what a new report from GOBankingRates hints at. Using the latest data from the U.S. Census Bureau's American Community Survey, the financial site calculated the minimum annual income you need to be considered among the top five percent of moneymakers where you live. Read on to discover how much money you need to make every year to be considered rich in your state.
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1
Alabama

Income needed to be in the top five percent: $189,695
2
Alaska

Income needed to be in the top five percent: $242,208
3
Arizona

Income needed to be in the top five percent: $220,936
4
Arkansas

Income needed to be in the top five percent: $176,997
5
California

Income needed to be in the top five percent: $250,000
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6
Colorado

Income needed to be in the top five percent: $250,000
7
Connecticut

Income needed to be in the top five percent: $250,000
8
Delaware

Income needed to be in the top five percent: $235,059
9
Florida

Income needed to be in the top five percent: $226,319
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10
Georgia

Income needed to be in the top five percent: $233,979
11
Hawaii

Income needed to be in the top five percent: $250,000
12
Idaho

Income needed to be in the top five percent: $199,218
13
Illinois

Income needed to be in the top five percent: $250,000
14
Indiana

Income needed to be in the top five percent: $194,407
15
Iowa

Income needed to be in the top five percent: $199,328
16
Kansas

Income needed to be in the top five percent: $211,256
17
Kentucky

Income needed to be in the top five percent: $185,241
18
Louisiana

Income needed to be in the top five percent: $199,417
19
Maine

Income needed to be in the top five percent: $202,639
20
Maryland

Income needed to be in the top five percent: $250,000
21
Massachusetts

Income needed to be in the top five percent: $250,000
22
Michigan

Income needed to be in the top five percent: $209,099
23
Minnesota

Income needed to be in the top five percent: $244,552
24
Mississippi

Income needed to be in the top five percent: $172,337
25
Missouri

Income needed to be in the top five percent: $201,541
26
Montana

Income needed to be in the top five percent: $187,867
27
Nebraska

Income needed to be in the top five percent: $203,793
28
Nevada

Income needed to be in the top five percent: $221,626
29
New Hampshire

Income needed to be in the top five percent: $250,000
30
New Jersey

Income needed to be in the top five percent: $250,000
31
New Mexico

Income needed to be in the top five percent: $192,480
32
New York

Income needed to be in the top five percent: $250,000
33
North Carolina

Income needed to be in the top five percent: $213,009
34
North Dakota

Income needed to be in the top five percent: $220,611
35
Ohio

Income needed to be in the top five percent: $204,940
36
Oklahoma

Income needed to be in the top five percent: $194,523
37
Oregon

Income needed to be in the top five percent: $229,747
38
Pennsylvania

Income needed to be in the top five percent: $233,467
39
Rhode Island

Income needed to be in the top five percent: $235,524
40
South Carolina

Income needed to be in the top five percent: $204,826
41
South Dakota

Income needed to be in the top five percent: $190,156
42
Tennessee

Income needed to be in the top five percent: $205,063
43
Texas

Income needed to be in the top five percent: $241,212
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44
Utah

Income needed to be in the top five percent: $235,835
45
Vermont

Income needed to be in the top five percent: $212,823
46
Virginia

Income needed to be in the top five percent: $250,000
47
Washington

Income needed to be in the top five percent: $250,000
48
West Virginia

Income needed to be in the top five percent: $171,816
49
Wisconsin

Income needed to be in the top five percent: $202,582
50
Wyoming

Income needed to be in the top five percent: $199,944
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