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As of this year the top twenty percent of income in the United States is "a household income of just over $100,000. The top 10 percent of earners have a household income of more than $148,687."
In Canada, pretty much anyone earning over $100,000 is in the top 5 to 10 % of income earners. Statistics Canada data will bear this out.
"Including all tax returns that had a positive AGI [adjusted gross income], taxpayers with an AGI of $153,542 or more in 2006 constituted the nation's top 5 percent of earners. To break into the top 1 percent, a tax return had to have an AGI of $388,806 or more. The top-earning 25 percent of taxpayers [have an] AGI over $64,702." http://www.taxfoundation.org/news/show/250.html
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The top 1 percent of income earners in the United States pay a significant portion of the nation's income taxes, contributing approximately 40 percent of total federal income tax revenue. This high percentage reflects the substantial income earned by this group, which often results in a higher effective tax rate compared to lower-income brackets. Their contributions are crucial for funding various government programs and services.
The top 2% of wage earners are those earning approximately $225,000 per year or more. Don't let them fool you into thinking it's only millionaires and billionaires. It's not.
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As of recent data, the income threshold to be in the top ten percent of earners in New Jersey typically exceeds $200,000 annually. This figure can fluctuate based on economic conditions and changes in the state's demographics. New Jersey is known for its high cost of living, which contributes to the relatively high income required to be in the top ten percent.
The top 10 percent of income earners in the United States typically have an annual income of around $200,000 or more, though this figure can vary based on location and economic conditions. In some high-cost areas, the threshold may be significantly higher. This group includes a diverse range of professionals, including executives, high-skilled workers, and successful entrepreneurs. Overall, their income represents a substantial portion of total national earnings, contributing to income inequality discussions.
Yes, there will be top 3% of earners in America as well as in any other continent, country, region or city.