Top 1 Percent Income Threshold in Mississippi

A new SmartAsset analysis reveals that earning at least 471504 dollars qualifies residents for the top one percent in Mississippi. This makes it one of only three states where the threshold is below 500000 dollars.

Residents need an annual income of $471,504 to join the top 1% in Mississippi, according to a study published by SmartAsset. The Magnolia State has just two billionaires, making it one of only three states where the elite financial tier sits below $500,000. Understanding these thresholds highlights the wide income gap between the state's top earners and the broader population.

Low Entry Bar for Wealth

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