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Here s What it Takes to Be in the Top 1 Percent of Every State By Madison Troyer, Stacker News On 1/10/21 at 12:00 PM EST Canva The top 1 percent of Americans have a combined net worth of $34.2 trillion, according to Federal Reserve data last updated Oct. 19, 2020. That number represents more than 30 percent of all household wealth in the U.S. Windfall used its 2020 consumer financial database to determine the net worth required to rank in the top 1 percent of each state. The analysis used population estimates from the 2019 U.S. Census Bureau and net worth estimates from Windfall s wealth database of more than 80 million households. For each state, the minimum net worth required to qualify in the top 1 percent for that state is included, along with the median net worth of all homeowners with a primary residence in that state, and total homeowners with a net worth of $1 million or more. Net worth represents an individual s assets like homes, cars, and investments, less their

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