At the top of the list is San Francisco. If you want to be a top-five percent earner in this city, you have to earn $423,171 per year.
As you work your way to the bottom of the list, the cutoff in Detroit (listed at number 50) is $107,521 per year.
For the sake of this article, let's take a look at five other cities:
New York City: $243,529 per year
Chicago: $209,574 per year
Las Vegas: $164,755 per year
Philadelphia: $150,545 per year
What about the Cost of Living?
Everybody wants to make as much money as possible. However, some people neglect to consider the cost of living. For example, it costs more to live in San Francisco than Cleveland or Detroit. For this reason, your paycheck won't go nearly as far.
Last year, NPR published an article showing how far your paycheck goes in more than 350 cities.
Remember, just because you are considered rich in your city doesn't mean you are considered rich in others. Furthermore, the cost of living in your city will dictate how far your money takes you.