What does "6 figures" mean? (2024)

FAQs

What does "6 figures" mean? ›

6 figures is what we say to refer to a number which is between 100,000 and 999,000. We say "6 figures" because there is 6 individual numbers within the number. Usually this term is used for describing a salary! If someone earns over $100,000 per year, we say "they earn 6 figures".

A six-figure salary is anywhere from $100,000 to $999,999. It's called a “six-figure salary” because every number in this range has six digits. You might be thinking, 'That's a huge range. ' And you're right!

When referring to "seven figures," this typically means an annual salary that falls between $1,000,000 and $9,999,999. This income bracket places individuals and families in a distinct financial category, generally associated with significant wealth accumulation and financial success.

: containing five numerical figures : rated at an annual salary of $10,000 or more.

So, what is 5 figures anyway? Well, a 5 figure salary is an income that is at least $10,000 and less than $100,000. It can be from your work salary or include commissions and bonuses or any other types of earnings on top of your base income.

How much does a 1 Figure make? As of Sep 10, 2024, the average annual pay for a 1 Figure in the United States is $167,480 a year. Just in case you need a simple salary calculator, that works out to be approximately $80.52 an hour. This is the equivalent of $3,220/week or $13,956/month.

🗓️ Four Figures a Month: Earning four figures every month means you're pocketing between $1,000 and $9,999 on a monthly basis. That translates to an annual income ranging from $12,000 to $119,988.

If you make $100,000 a year, your monthly salary would be $8,333.87.

How many figures is 100k? ›

"Six figures" refers to an annual income of at least $100,000. The term is often used to describe a relatively high level of income, and is typically used to differentiate between those who earn more than $100,000 per year and those who earn less.

10,000 = 5 figures, 1,000,000 = 7 figures. So, for an example: 2,000 = 4 figures. 2,675 = 4 figures. 80,000 = 5 figures, 82,350 = 5 figures etc.

The term “six figures” refers to any annual six-digit salary that falls within the $100,000 to $999,999 range.

A six-figure salary is a goal for a lot of workers. But $100,000 is no longer enough to feel financially secure in many parts of the U.S.

According to Zippia, roughly 33.6% of Americans make six figures annually.

We've identified 10 cities where the typical salary for a Ten Figure job is above the national average. Topping the list is Redwood City, CA, with Sunnyvale, CA and Livermore, CA close behind in the second and third positions.

Six figures can be anywhere between $100,000 – $999,000. Depending on where you live, six figures is considered rich by many people's standards. A top 1% income earner in America makes about $470,000 a year nowadays. Further, it takes at least $3 million to be a real millionaire now thanks to inflation.

Zippia's data also shows that 56% of Americans believe that earning $100,000 per year would make them rich, but Zippia notes that a $100,000 salary is generally considered upper-middle class today, rather than rich, and can even be lower-middle class in some cities.