Texas
How much money do you need to make to be in the top 5% in Texas?
(NEXSTAR) – The disparity between the income that an average U.S. resident brings in yearly compared to those sitting at the top of earners in each state has always been a major topic of discussion.
In fact, WalletHub states that “the highest-earning 10% of individuals in the United States earn over 12 times more than those in the lowest-earning 10%, based on the latest Census data.”
And while looking up what the “average salary” is across the country, ($74,600, according to the latest data from the Federal Reserve), appears to give a solid idea of how far off most Americans are from the 5% club, a closer look at the high-end salaries reveals that the disparity is even more stark.
WalletHub broke down the income of all 50 U.S. states and Washington D.C into three different groups: the average annual income of the top 5%, the average for the bottom 20%, and the median for all of each state’s residents.
Landing at No. 1 was New York where the top 5% makes about $553,000 a year. That’s almost $35,000 more than the next two highest states and nearly $100,000 more than the 10th-ranked state.
While the top 5% is thriving in the Empire State, its bottom 20% is falling well short, ranking 44th in salary with $13,301.
Right behind New York is Connecticut and Virginia where the average is about $518,000 apiece. Followed by New Jersey and Illinois which are both hovering around $505,000.
The state with the lowest top 5% threshold is Alaska, where earning roughly $321,000 will get you into the club. Hawaii and Vermont aren’t far behind where the top 5% makes about $334,000.
Check out what you need to make in your state:
| Rank | State | Average Annual Income of Top 5% | Median Annual Income | Average Annual Income of Bottom 20% |
|---|---|---|---|---|
| 1 | New York | $553,436 | $91,366 | $13,301 |
| 2 | Connecticut | $518,757 | $114,156 | $14,576 |
| 3 | Virginia | $518,296 | $89,393 | $18,694 |
| 4 | New Jersey | $505,621 | $117,847 | $16,445 |
| 5 | Illinois | $504,800 | $78,304 | $16,192 |
| 6 | Georgia | $487,870 | $66,612 | $16,472 |
| 7 | Texas | $481,483 | $70,513 | $16,802 |
| 8 | Washington | $474,067 | $103,748 | $18,223 |
| 9 | Florida | $470,308 | $68,818 | $15,375 |
| 10 | Massachusetts | $466,208 | $127,760 | $13,689 |
| 11 | Minnesota | $464,981 | $86,364 | $19,797 |
| 12 | Colorado | $456,603 | $97,301 | $18,451 |
| 13 | California | $454,829 | $123,988 | $13,949 |
| 14 | Tennessee | $453,539 | $59,077 | $15,679 |
| 15 | District of Columbia | $450,892 | $162,265 | $9,011 |
| 16 | North Carolina | $450,592 | $63,025 | $15,836 |
| 17 | Utah | $448,195 | $89,786 | $22,491 |
| 18 | Michigan | $446,114 | $62,446 | $17,019 |
| 19 | Missouri | $446,069 | $59,715 | $16,821 |
| 20 | Pennsylvania | $445,261 | $74,711 | $15,801 |
| 21 | Ohio | $436,922 | $61,904 | $16,188 |
| 22 | Maryland | $427,135 | $124,693 | $16,647 |
| 23 | Arizona | $424,913 | $74,375 | $16,604 |
| 24 | Kansas | $423,517 | $68,489 | $17,176 |
| 25 | Nebraska | $416,325 | $72,384 | $17,380 |
| 26 | Arkansas | $416,224 | $51,032 | $14,069 |
| 27 | South Carolina | $412,771 | $62,909 | $13,996 |
| 28 | Kentucky | $411,897 | $55,629 | $13,800 |
| 29 | Oklahoma | $405,113 | $57,215 | $15,205 |
| 30 | Idaho | $403,737 | $70,041 | $18,372 |
| 31 | Delaware | $402,989 | $87,173 | $16,930 |
| 32 | Wisconsin | $402,256 | $72,602 | $17,973 |
| 33 | Nevada | $401,062 | $80,366 | $14,472 |
| 34 | New Hampshire | $400,343 | $110,205 | $18,075 |
| 35 | Indiana | $399,270 | $64,170 | $16,670 |
| 36 | Alabama | $398,584 | $55,480 | $13,242 |
| 37 | Montana | $395,720 | $68,937 | $15,337 |
| 38 | Louisiana | $395,155 | $56,282 | $11,504 |
| 39 | Iowa | $395,093 | $68,974 | $17,621 |
| 40 | South Dakota | $393,809 | $69,266 | $17,252 |
| 41 | North Dakota | $387,548 | $79,874 | $15,661 |
| 42 | Wyoming | $387,280 | $76,307 | $16,199 |
| 43 | Oregon | $377,399 | $91,100 | $14,720 |
| 44 | Mississippi | $377,040 | $46,880 | $12,168 |
| 45 | Rhode Island | $353,721 | $104,252 | $12,668 |
| 46 | New Mexico | $351,972 | $58,911 | $11,944 |
| 47 | West Virginia | $345,239 | $52,719 | $12,477 |
| 48 | Maine | $338,866 | $79,800 | $13,749 |
| 49 | Vermont | $334,470 | $89,695 | $14,477 |
| 50 | Hawaii | $334,369 | $141,832 | $14,014 |
| 51 | Alaska | $321,634 | $113,934 | $15,646 |
As for what state’s residents make the most money on average, Washington D.C. finished with the highest median income of $162,265. Unfortunately, D.C. also finished with the lowest salary for the average annual income of the bottom 20%, with $9,011.
Other states that had a high median income were Hawaii ($141,832), Massachusetts ($127,760), Maryland ($124,693), and California ($123,988).
These states with a smaller gap between the average earner and the top 5% make it easier to make the jump, but it’s still difficult.
According to GoBankingRates, it will take a variety of factors to make that jump. First, you need a steady increase in income. This could mean you are making better financial decisions, investing wisely, or perhaps experiencing career advancements.
Another factor is maybe having a solid investment strategy, look to see that you are getting positive returns on your investment and that you have a well-diversified portfolio.
Finally, prioritize your long-term financial stability. Look to prioritize saving over short-term pleasures.
And if you’re looking to go even higher than the top 5%, Forbes found that to be one of the top 1% of earners in the U.S., you need to bring in an annual salary of at least $597,815, so start saving up!
Alabama basketball had every chance to beat Texas on Saturday. Time and time again, UA pulled it close, only to blow the opportunity to win.
Instead, the Crimson Tide fell 92-88, dropping to 1-2 to begin SEC play, and taking its second straight defeat. Afterward, Nate Oats went off on his team.
“We got guys that don’t care enough to lock in and follow a game plan,” Oats said during his postgame press conference. “Losing doesn’t bother them enough yet. I don’t know how many losses it’s going to take ‘till it bothers them, but it’s bothering me. It bothers the coaching staff, and as soon as it starts bothering the players enough, I’m sure they’ll change.”
On the defensive end, Alabama couldn’t get enough stops when it needed to. Texas’ Jordan Pope led all scorers with 28 points, tying his career high.
Dailyn Swain and Tramon Mark had 18 each for the Longhorns. UT averaged 1.314 points per possession.
Alabama’s defensive efficiency dropped to 79th in the nation following the loss according to KenPom.
“All of it starts with effort,” Oats said of the defensive issues. “Want to. Competitive edge. Guys who just don’t want to lose, they’re gonna give you everything they got. Guys are apparently too comfortable with losing right now because they’re not giving us everything they got on that end of the floor. SO I think it starts with having guys that just refuse to lose, to start with.
“From there it goes to guys in the moment having some personal pride on stopping their man. Too many blow-bys.Too many isolation plays were just beat one-on-one. Guys not locked in on the help side.”
Another issue for Alabama late in the game was poor free-throw shooting. UA hit 11-of-12 attempts in the first half, but went just 8-for-15 from the line in the second, which became crucial as the referees made their presence known late.
Oats was asked what went wrong from the charity stripe.
“When you’re worried about the wrong stuff,” Oats said. “When you’re locked in, you’re locked in. When you’re locked into defense, all you care about is winning the game. And when you’re locked in on the defensive end, then you go to the line and you’re locked in and you’re just focused on winning the game, you’re gonna step up and you’re gonna make your free throws.
“And when you’re worried about a lot of stuff that’s a distraction and you’re worried about stats and some other stuff and you’re not locked in, that’s when you get to the line and you miss. Especially when you’re a good shooter. Guys that should be making free throws at a high level.”
Alabama travels to Mississippi State on Tuesday to try and get back on track, before a Saturday trip to Oklahoma. Oats did offer some hope that his team would improve, drawn from the team that just beaten the Crimson Tide.
Texas coach Sean Miller had called out his team after its previous loss to Tennessee.
“It bothered Texas,” Oats said. “Texas lost two in a row and started 0-2 (in the SEC). That team looked a lot different than the team that played at Tennessee. So it obviously bothered them enough to change. So hopefully at some point it bothers our guys enough that they’ll invest on the defensive end of the floor.”
Tristan Jernigan, a Texas A&M sophomore linebacker who was a four-star prospect in high school, has signed with Cal out of the transfer portal.
Jernigan comes to Berkeley with three years of eligibility after seeing action in just two games this season. He played against Notre Dame without any stats and had three tackles, including one tackle for loss, against Samford.
He is the second members of the Aggies’ squad to join the Bears, following defensive end Solomon Williams, who signed last Sunday.
The 6-foot-1, 230-pounder from Tupelo, Miss., also drew interest from Tennessee, Memphis, Louisville, Ole Miss, Arizona State, Baylor and San Diego State.
Jernigan played eight games as a true freshman in 2024, primarily on special teams. He had 11 tackles, including five against McNeese State, and was named the team’s defensive scout team player of the year.
At Tupelo High School, Jernigan had 177 tackles with 11.5 sacks his final two seasons. Those teams compiled a two-year record of 22-4 with a Class 6A state semifinal appearance as a junior in 2022.
He was rated by 247 Sports as the No. 28 linebacker prospect in the class and the No. 9 recruit in the state of Mississippi.
He is not related to former Cal linebacker Myles Jernigan, who was from Grand Prairie, Texas, and spent five years in Berkeley through the 2023 season.
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DALLAS – Starting in February, some American Airlines passengers will have the option of eating authentic Texas barbecue as their in-flight meal.
The airline said they’ll be partnering with Pecan Lodge restaurant to serve Texas barbecue on board.
American Airlines to serve Texas BBQ
The meals will be available to first-class passengers on flights from DFW International Airport to LaGuardia Airport and John F. Kennedy International Airport.
The meals will be available for preorder starting on Jan. 11 through aa.com or American’s mobile app.
What they’re saying:
“As we celebrate American’s centennial anniversary in 2026, we’re looking forward to delighting our customers in new ways that honor unique regional tastes, beginning right here in our home state through one of the most beloved barbecue restaurants in Texas,” said Rhonda Crawford, American’s SVP of Customer Experience Design and Strategy. “Our customers deserve nothing but the best, and Pecan Lodge is certainly that.”
Pecan Lodge meals
February offering: Pecan Lodge barbecue platter
Smoked brisket and smoked sausage, paired with creamy mac and cheese, crisp coleslaw and a side of pickles, onions and barbecue sauce
March offering: Smoked chopped brisket sandwich
Chopped brisket on a fresh brioche bun, served with roasted green beans, creamy potato salad and a side of pickles, onions and barbecue sauce
The Source: Information in this article comes from American Airlines.
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