Here's how much you have to earn to be in the top 1% in the 10 biggest US cities

    What it means to be among the top 1 percent of earners in America depends a lot on where you live.

    For example, if you live in San Jose, California, your household would have to earn more than $1 million a year to join the 1 percent. If you live in Santa Rosa, California, which is about 100 miles north of San Jose, your household would have to bring in less than half that, $487,000 a year, to qualify.

    That’s according to a new Economic Policy Institute report that looks at income inequality in the U.S. by state, metro area and county.

    Below, CNBC Make It rounded up the 10 largest U.S. cities by population and listed them in ascending order according to the annual income required to be in the 1 percent there. We also included the average annual income of the 1 percent. All data comes from the EPI.

    San Antonio, Texas

    Population: 1.51 million

    Annual income required to be in the top 1 percent: $416,614
    Average annual income of the top 1 percent: $1.09 million

    Phoenix, Arizona

    Population: 1.63 million

    Annual income required to be in the top 1 percent: $428,153
    Average annual income of the top 1 percent: $1.04 million

    San Diego, California

    Population: 1.42 million

    Annual income required to be in the top 1 percent: $525,582
    Average annual income of the top 1 percent: $1.27 million

    Philadelphia, Pennsylvania

    Population: 1.58 million

    Annual income required to be in the top 1 percent: $554,069
    Average annual income of the top 1 percent: $1.38 million

    Dallas, Texas

    Population: 1.34 million

    Annual income required to be in the top 1 percent: $566,304
    Average annual income of the top 1 percent: $1.57 million

    Chicago, Illinois

    Population: 2.72 million

    Annual income required to be in the top 1 percent: $586,182
    Average annual income of the top 1 percent: $1.63 million

    Los Angeles, California

    Population: 4 million

    Annual income required to be in the top 1 percent: $591,500
    Average annual income of the top 1 percent: $1.80 million

    Houston, Texas

    Population: 2.31 million

    Annual income required to be in the top 1 percent: $629,816
    Average annual income of the top 1 percent: $1.7 million

    New York, New York

    Population: 8.62 million

    Annual income required to be in the top 1 percent: $744,426
    Average annual income of the top 1 percent: $2.43 million

    San Jose, California

    Population: 1.04 million

    Annual income required to be in the top 1 percent: $1.15 million
    Average annual income of the top 1 percent: $3.45 million

    Don’t miss: Here’s how much you have to earn to be in the top 1 percent in America

    Like this story? Subscribe to CNBC Make It on YouTube!

      Source: Read Full Article