The Income Needed to Be Among Top Earners in the 10 Largest U.S. Cities

Wealthy investor looking out over city
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This story originally appeared on SmartAdvisor Match.

You work hard to earn your income, but where do you stack up against others in your city and across the country?

In 2018, the working households that comprised the top 20% of earners nationwide made at least $125,322 throughout the year. In contrast, the working households in the bottom 20% of earners made $25,434 or less.

As a ratio, top-earning households made almost five times as much as bottom-earning households.

The Census Bureau annually reports estimates of household income quintile limits, but it’s important to note that income distributions vary widely across cities.

In this study, SmartAsset took a closer look at the income needed to be a top earner in America’s largest cities.

We considered the 100 largest cities in the U.S. and ranked cities according to the income needed to be in the top 20% of working households. Additionally, we discussed the ratio between top-earning and bottom-earning households by city. All data for this report comes from the Census Bureau’s one-year American Community Survey.

First, we’ll look at the cities where top earners make the least. Then, the cities where top earners make the most.

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