28. Phoenix, Arizona: more than $116,150
• How much money it takes to be in the top 1% in Arizona: $309,102
• Median income in Phoenix: $58,075
• Metro-area population: 4.7 million
In the early 2000s, Phoenix was one of the most booming real estate markets in the country. Although the boom ended after the global housing and loan crisis on Wall Street, Phoenix is still in good shape and currently hosts the headquarters of four Fortune 500 companies: electronics concern Avnet, mining company Freeport-McMoRan, pet retailer PetSmart, and waste management company Republic Services. The Aerospace division of Honeywell is also headquartered in Phoenix, and the Arizona valley city also hosts many of Honeywell’s avionics and mechanical facilities. One of Intel’s largest campuses is in Phoenix, the second largest Intel site in America with 12,000 employees. Also headquartered in Phoenix: U-HAUL International, Best Western, and Apollo Group- which runs the University of Phoenix.