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The economy of the State of California is the largest in the United States, with a $4.080 trillion gross state product (GSP) as of 2024. [1] It is the largest sub-national economy in the world. If California were a nation it would rank in terms of nominal GDP as the List of countries by GDP World's fourth largest economy, behind Germany ( 4.71 ...
48. Arkansas. The minimum you need to make to be in the top 20%: $104,746 Average adjusted gross income of the top 20%: $188,510 The minimum you need to make to be in the top 5%: $344,470
So has what it takes to live comfortably in California — a state already known for its high costs. ... In Mississippi, you need $45,906. In California, you need to earn $80,013, the study states ...
Wyoming. How much you need to be in the top 5%: $209,639. Average household income for the top 5%: $372,110. Median household income for the entire state: $68,002. How much more the average 5% ...
This is a list of U.S. states, territories, and Washington, D.C. by income.Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands, for which the data comes from 2010, as ACS does not operate in these areas.
This is a list of U.S. states and federal district by the number of households with more than $1 million in investable assets as of 2020 (data for the year 2019). The list is compiled annually by market research firm Phoenix Marketing International.
According to a report by the Public Policy Institute of California, in early 2023, 31.1% of residents were poor or near poor (with resources up to one and a half times the CPM poverty line), up ...
At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.