The exact amount of money you need to earn to be among New York’s ultra-wealthy club has been revealed—and it’s 7x the average wage

In New York, the contentious nature of these two economies could not be clearer. A new analysis by GoBankingRates has just revealed that to get into the city’s top five percent, households need to bring in $619,178 annually.

By comparison, New York’s median household income is just $84,578; They would need to earn more than seven times that amount to reach the highest-income households.

Earning more than $80,000 may seem like a promising salary to some, but the salary will have a hard time keeping up with New Yorkers’ cost of living. For example, the average studio costs an estimated $3,795 per month, according to data from Zumper. That’s $45,540 per year, which means rent alone would consume roughly 54% of gross income — well above the standard affordability threshold of 30%.

West Virginia families have the lowest income requirements to get into the top 5%

Although New York requires the highest earners to earn more than seven times the median wage, that is not the highest wage amount on the list.

In Connecticut, households are expected to bring in $637,673 to reach the top five percent. By comparison, the median household income is about $93,760, 580% (or nearly seven times) higher than it takes to reach the top five percent.

Followed by California ($619,938), Massachusetts ($691,385), New York ($619,178) and New Jersey ($616,334).

The state with the easiest path to the wealthy club was West Virginia, with an income requirement of $330,270. On average, the median household income is $57,917.

In contrast to New York, housing costs are about 27% lower than the national average, according to data from RentCafe, although wages are lower than the national average.

The growing wealth gap: 20% of households control 70% of US wealth

However, although some states have a lower barrier for the wealthy, wealth itself is becoming more concentrated, leaving most Americans behind.

The top one percent own nearly a quarter of the country’s wealth — or nearly three times as much as the entire middle class. Overall, the top 20% of households control more than 70% of US wealth, leaving households at the bottom with less than 30%.

Currently, reaching the top 1% in America means having an adjusted gross income of at least $561,523. The minimum drops to $169,466 for the top five percent and $99,971 for the top 10 percent. For context, the average American family brought in about $83,730 in 2024 — less than 15% of what it takes to reach the top.

Are you among the five percent who live in one of the states mentioned? Luck wants to hear from you. Email: jessica.coacci@fortune.com