The Lifestyle Entrepreneur

#26 - Top 1% income needed, state by state breakdown


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Have you ever wondered how much money it actually takes to be in the top 1% of income earners in your state? Spoiler alert: The numbers are wildly different depending on where you live.


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In this episode, I break down the latest data on what it takes to be in the top 1% across the U.S., revealing some shocking insights:
💰 The states where you can be a 1% earner for under $450K (yes, really)
🏡 The most expensive states where you need over $1M+ just to break into the top tier
📍 Should you move? How relocating could dramatically improve your lifestyle & wealth
📊 The REAL cost of living factor—why making $500K in some states feels richer than $1M in others
👥 The power of environment—how living in a high-achieving state can expand your network & mindset
🚀 The #1 mistake entrepreneurs make when thinking about income and business growth

So many entrepreneurs are grinding, feeling like they’re “not making enough” because social media has warped our sense of what’s “rich.” But when you actually look at the numbers, you might be way closer to financial success than you think—or realize you need to rethink your strategy.

Should you stay where you are or move to maximize your earnings and lifestyle? By the end of this episode, you’ll have a clear answer.

🎧 Listen now and let’s talk real numbers, real opportunities, and real business growth.

🔥 Here’s why this matters:

So many entrepreneurs are grinding, feeling like they’re “not making enough” because social media has warped our sense of what’s “rich.” But when you actually look at the numbers, you might be way closer to financial success than you think—or realize you need to rethink your strategy.

Should you stay where you are or move to maximize your earnings and lifestyle? By the end of this episode, you’ll have a clear answer.

🎧 Listen now and let’s talk real numbers, real opportunities, and real business growth.


Sources:

U.S. Bureau of Labor Statistics: https://www.bls.gov/news.release/cpi.t01.htm

The data was compiled by SmartAsset.

The data was visualized by Visual Capitalist https://www.visualcapitalist.com/mapped-the-income-needed-to-join-the-top-1-in-every-u-s-state/


Chapters:0:00 How much money for top 1%3:10 Low end states4:14 High end states

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The Lifestyle EntrepreneurBy Mark Taylor


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