As of 2023, to be in the top 5 percent of earners in the United States, an individual's income typically needs to exceed approximately $250,000 per year. This threshold can vary slightly depending on the source and specific economic conditions. The top 5 percent represents a significant income bracket, often associated with high-earning professionals and successful entrepreneurs.
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5% of 435.00= 5% * 435= 0.05 * 435= 21.75
5% of 16= 5% * 16= 0.05 * 16= 0.8
You make a list of the grades, in descending order. Then you pick the top 10%; for example, if there are 50 students, you pick the top 5. To get the percentile, you look at the corresponding grade, in the position that corresponds to #5 in this example.
This is always changing. See the Forbes 500 for a list of the wealthiest people.
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Household income levels that place one in the top 5 percent vary by location and change over time. However, at a national level in the United States, earning around $200,000 per year would typically put a household in the top 5 percent of income earners.
"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
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.
5%
UAE !!
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5% of 435.00= 5% * 435= 0.05 * 435= 21.75
As of recent estimates, the top 5 percent of all workers in the United States typically earn around $200,000 or more annually. This threshold can vary based on factors such as location, industry, and economic conditions. It is important to note that income figures can fluctuate over time due to changes in the job market and inflation. For precise and current data, consulting official reports or databases is advisable.
"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
These numbers are for Federal Income Tax for 2008.The top 50% paid 97.3% of all Federal Income taxes collected.The top 10% paid 69.9%The top 5% paid 58.7%The top 1% paid 38.2%The bottom 50% of income earners only paid 2.7% of the total Federal Income tax in 2008
someone have to earn to be in the top 5 percent of the country: open the third & fourth link of this website: sos-business.co.cchope you get answer; good luck !