6, 2018, 3:08 PM

Sep 18, 2014 | Fotografía

canada goose How much money you have to earn to be considered rich in 42 major US cities Abby Jackson Mar. 6, 2018, 3:08 PM How much money it takes to be “rich” is highest in San Jose, California. Alberto E. Rodriguez/Getty Images for Veuve Clicquot How much money it takes to be “rich” varies from city to city.About 20% of Americans are upper-income, or “rich,” meaning they earn at least two times the national median household income.The amount of money it takes to be considered rich is largest in San Jose, California. Everything in life is relative. That phrase is especially true when looking at how much money it takes to be considered “rich” in different US cities. While terms like “middle class” and “rich” are used broadly — and often incorrectly — they can be quantified using federal data. About 20% of Americans are upper-income, or “rich,” according to the Pew Research Center. This group of earners makes at least two times the national median household income: $59,039 in 2016, according to the latest data from the US Census Bureau’s 2016 American Community Survey. Nationally, the threshold for “rich” is $118,080, but that figure varies from city to city depending on the local median income. To get a sense of how much you need to earn to be considered above-middle-class in different cities, Business Insider pulled census data for the largest metropolitan statistical areas. For clarity, we listed the largest city in the MSA (some include more than one). Below, find out what it takes to be considered rich in the 42 largest metro areas in the US, plus what income is needed to be in the top 1% in those states. 1/ Memphis, Tennessee: more than $99,618 Shutterstock • How much money it takes to be in the top 1% in Tennessee: $308,834• Median income in Memphis: $49,809 • Metro-area population: 1.3 million 2/ Tampa, Florida: more than $102,230 iStock / suwanneeredhead • How much money it takes to be in the top 1% in Florida: $385,410• Median income in Tampa: $51,115 • Metro-area population: 3 million 3/ Miami, Florida: more than $102,724 travelview/Shutterstock • How much money it takes to be in the top 1% in Florida: $385,410• Median income in Miami: $51,362 • Metro-area population: 6.1 million 4/ Cleveland, Ohio: more than $104,262 Shutterstock • How much money it takes to be in the top 1% in Ohio: $317,124• Median income in Cleveland: $52,131 • Metro-area population: 2.1 million 5/ Orlando, Florida: more than $104,770 Ricardo's Photography/Flickr • How much money it takes to be in the top 1% in Florida: $385,410• Median income in Orlando: $52,385 • Metro-area population: 2.4 million 6/ Las Vegas, Nevada: more than $108,768 Mike Boening / Unsplash • How much money it takes to be in the top 1% in Nevada: $311,977• Median income in Las Vegas: $54,384 • Metro-area population: 2.2 million 7/ Oklahoma City, Oklahoma: more than $110,130 Henryk Sadura/Shutterstock • How much money it takes to be in the top 1% in Oklahoma: $324,935• Median income in Oklahoma City: $55,065 • Metro-area population: 1.4 million 8/ Pittsburgh, Pennsylvania: more than $112,126 Always Shooting/Flickr • How much money it takes to be in the top 1% in Pennsylvania: $360,343• Median income in Pittsburgh: $56,063 • Metro-area population: 2.3 million 9/ San Antonio, Texas: more than $112,210 Sean Pavone/Shutterstock • How much money it takes to be in the top 1% in Texas: $424,507• Median income in San Antonio: $56,105 • Metro-area population: 2.4 million 10/ Detroit, Michigan: more than $112,284 Andrey Bayda/shutterstock • How much money it takes to be in the top 1% in Michigan: $306,740• Median income in Detroit: $56,142 • Metro-area population: 4.3 million 11/ Indianapolis, Indiana: more than $113,500 KYPhua/Shutterstock • How much money it takes to be in the top 1% in Indiana: $296,640• Median income in Indianapolis: $56,750 • Metro-area population: 2.0 million 12/ Jacksonville, Florida: more than $113,680 Flickr/hyku • How much money it takes to be in the top 1% in Florida: $385,410• Median income in Jacksonville: $56,840 • Metro-area population: 1.5 million 13/ Milwaukee, Wisconsin: more than $116,058 Shutterstock/Rudy Balasko • How much money it takes to be in the top 1% in Wisconsin: $312,375• Median income in Milwaukee: $58,029 • Metro-area population: 1.6 million 14/ Phoenix, Arizona: more than $116,150 Dreamframer/Shutterstock • How much money it takes to be in the top 1% in Arizona: $309,102• Median income in Phoenix: $58,075 • Metro-area population: 4.7 million 15/ Riverside, California: more than $116,472 Shutterstock/Jon Bilous • How much money it takes to be in the top 1% in California: $453,772• Median income in Riverside: $58,236 • Metro-area population: 4.5 million 16/ St. Louis, Missouri: more than $119,560 Wikimedia Commons • How much money it takes to be in the top 1% in Missouri: $305,471• Median income in St. Louis: $59,780 • Metro-area population: 2.8 million 17/ Charlotte, North Carolina: more than $119,958 James Willamor • How much money it takes to be in the top 1% in North Carolina: $327,549• Median income in Charlotte: $59,979 • Metro-area population: 2.5 million 18/ Nashville, Tennessee: more than $120,060 Courtesy of TripAdvisor • How much money it takes to be in the top 1% in Tennessee: $308,834• Median income in Nashville: $60,030 • Metro-area population: 1.9 million 19/ Cincinnati, Ohio: more than $120,520 aceshot1/Shutterstock • How much money it takes to be in the top 1% in Ohio: $317,124• Median income in Cincinnati: $60,260 • Metro-area population: 2.2 million 20/ Columbus, Ohio: more than $120,588 Always Shooting/Flickr • How much money it takes to be in the top 1% in Ohio: $317,124• Median income in Columbus: $60,294 • Metro-area population: 2.0 million 21/ Kansas City, Missouri: more than $122,770 User:Charvex / Wikimedia Commons • How much money it takes to be in the top 1% in Missouri: $351,497• Median income in Kansas City: $61,385 • Metro-area population: 2.1 million 22/ Houston, Texas: more than $123,416 Scott Halleran/Getty Images • How much money it takes to be in the top 1% in Texas: $424,507• Median income in Houston: $61,708 • Metro-area population: 6.8 million 23/ Virginia Beach, Virginia: more than $123,610 Patrickneil / Wikimedia Commons • How much money it takes to be in the top 1% in Virginia: $406,412• Median income in Virginia Beach: $61,805 • Metro-area population: 1.7 million 24/ Providence, Rhode Island: more than $123,896 Muffet via Flickr • How much money it takes to be in the top 1% in Rhode Island: $336,625• Median income in Providence: $61,948 • Metro-area population: 1.6 million 25/ Atlanta, Georgia: more than $125,226 Flickr/Terence S. Jones • How much money it takes to be in the top 1% in Georgia: $345,876• Median income in Atlanta: $62,613 • Metro-area population: 5.8 million 26/ Dallas, Texas: more than $127,624 Shutterstock • How much money it takes to be in the top 1% in Texas: $424,507• Median income in Dallas: $63,812 • Metro-area population: 7.2 million 27/ Sacramento, California: more than $128 www.estrategias.de ,104 Shutterstock/Toribio93 • How much money it takes to be in the top 1% in California: $453,772• Median income in Sacramento: $64,052 • Metro-area population: 2.3 million 28/ Los Angeles, California: more than $131,900 blvdone/Shutterstock • How much money it takes to be in the top 1% in California: $453,772• Median income in Los Angeles: $65,950 • Metro-area population: 13.3 million 29/ Philadelphia, Pennsylvania: more than $131,992 f11photo/Shutterstock • How much money it takes to be in the top 1% in Pennsylvania: $360,343• Median income in Philadelphia: $65,996 • Metro-area population: 6.1 million 30/ Chicago, Illinois: more than $132,040 Associated Press/Nam Y. Huh • How much money it takes to be in the top 1% in Illinois: $416,319• Median income in Chicago: $66,020 • Metro-area population: 9.5 million 31/ Portland, Oregon: more than $137,352 Flickr / Thomas Hawk • How much money it takes to be in the top 1% in Oregon: $312,839• Median income in Portland: $68,676 • Metro-area population: 2.4 million 32/ San Diego, California: more than $141,648 Flickr / Justin Brown • How much money it takes to be in the top 1% in California: $453,772• Median income in San Diego: $70,824 • Metro-area population: 3.3 million 33/ Austin, Texas: more than $142,000 RoschetzkyIstockPhoto/iStock • How much money it takes to be in the top 1% in Texas: $424,507• Median income in Austin: $71,000 • Metro-area population: 2.1 million 34/ New York City: more than $143,794 Drew Angerer/Getty Images • How much money it takes to be in the top 1% in New York: $517,557• Median income in New York City: $71,897 • Metro-area population: 20.2 million 35/ Denver, Colorado: more than $143,852 Omer Wazir via Flickr • How much money it takes to be in the top 1% in Colorado: $410,716• Median income in Denver: $71,926 • Metro-area population: 2.9 million 36/ Minneapolis, Minnesota: more than $146,462 Wikimedia Commons • How much money it takes to be in the top 1% in Minnesota: $411,022• Median income in Minneapolis: $73,231 • Metro-area population: 3.6 million 37/ Baltimore, Maryland: more than $153,576 m01229/flickr • How much money it takes to be in the top 1% in Maryland: $421,188• Median income in Baltimore: $76,788 • Metro-area population: 2.8 million 38/ Seattle, Washington: more than $157,224 Reuters • How much money it takes to be in the top 1% in Washington: $387,854• Median income in Seattle: $78,612 • Metro-area population: 3.8 million 39/ Boston, Massachusetts: more than $164,760 Associated Press/Elise Amendola • How much money it takes to be in the top 1% in Massachusetts: $539,055• Median income in Boston: $82,380 • Metro-area population: 4.8 million 40/ Washington, DC: more than $191,686 Orhan Cam/Shutterstock • How much money it takes to be in the top 1% in Washington, DC: $544,719• Median income in DC: $95,843 • Metro-area population: 6.1 million 41/ San Francisco, California: more than $193 www.estrategias.de ,354 Associated Press/Marcio Jose Sanchez • How much money it takes to be in the top 1% in California: $453,772• Median income in San Francisco: $96,677 • Metro-area population: 4.7 million 42/ San Jose, California: More than $220,080 Facebook/VisitSanJose • How much money it takes to be in the top 1% in California: $453,772• Median income in San Jose: $110,040 • Metro-area population: 2 million Previous 1/ Next SEE ALSO: Silicon Valley is so expensive that people who make $400,000 think they're middle-class — here's what the middle class actually is in the 25 largest US cities DON'T MISS: How much you have to earn to be considered rich in every state canada goose parka

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