In Iowa, an income considered high generally begins around $61,874 annually, representing the 75th percentile of earners. For those at the very top, classified as "Top Earners," an annual salary of $78,252 or more signifies a high income. These figures provide a clear benchmark for what is considered a substantial income in the state.
Understanding High Income Tiers in Iowa
Defining "high income" often refers to the top percentages of earners within a specific geographic area. For Iowa, the income data indicates distinct tiers:
- 75th Percentile: An annual income of $61,874 means you earn more than 75% of the population. This is a strong indicator of a high income.
- Top Earners: Reaching $78,252 annually places an individual among the highest-paid professionals in Iowa, representing the pinnacle of income earning.
To put these figures into perspective, here's a detailed breakdown of various income percentiles:
Annual Salary | Monthly Pay | Percentile/Category |
---|---|---|
$78,252 | $6,521 | Top Earners |
$61,874 | $5,156 | 75th Percentile |
$54,321 | $4,526 | Average |
$35,486 | $2,957 | 25th Percentile |
These figures highlight that while the average annual salary in Iowa is around $54,321, significantly higher earnings are required to be considered a high-income earner. The "Top Earners" category represents those at the peak of the income distribution, often reflecting specialized skills, significant experience, or high-demand professions.