Income growth from 2009 to 2012, overall and for the top 1% and bottom 99%, U.S. and by state and region
Average real income growth | |||||
---|---|---|---|---|---|
Rank (by top 1% income growth) | State/region | Overall | Top 1% | Bottom 99% | Share of total growth (or loss) captured by top 1% |
1 | Wyoming | ŧ | 283.6% | ŧ | ŧ |
2 | North Dakota | 32.4% | 103.6% | 21.2% | 43.4% |
3 | Texas | 10.5% | 50.2% | 1.7% | 86.8% |
4 | California | 6.8% | 49.6% | -3.0% | 135.6% |
5 | Colorado | 6.6% | 48.4% | -1.0% | 112.6% |
6 | Nebraska | 8.3% | 47.7% | 2.4% | 74.9% |
7 | Michigan | 8.7% | 47.3% | 1.8% | 82.0% |
8 | Massachusetts | 7.7% | 46.8% | -1.5% | 115.8% |
9 | Washington | 3.9% | 45.0% | -3.5% | 175.0% |
10 | South Dakota | 12.7% | 42.7% | 7.0% | 53.4% |
11 | Utah | 11.3% | 41.9% | 5.8% | 56.6% |
12 | Nevada | -4.2% | 39.8% | -16.0% | Ŧ |
13 | Oklahoma | 9.4% | 39.6% | 3.5% | 69.2% |
14 | Florida | 3.4% | 39.5% | -7.1% | 259.9% |
15 | Iowa | 7.0% | 39.3% | 2.8% | 65.0% |
16 | Minnesota | 10.4% | 37.9% | 5.4% | 56.0% |
17 | Kansas | 7.3% | 37.5% | 2.2% | 74.4% |
18 | Ohio | 7.1% | 37.0% | 2.3% | 71.9% |
19 | Idaho | 3.9% | 35.0% | -1.0% | 122.8% |
20 | Connecticut | 5.3% | 35.0% | -5.4% | 175.7% |
21 | Illinois | 6.5% | 34.5% | 0.2% | 97.2% |
22 | Missouri | 2.1% | 33.0% | -3.3% | 236.5% |
23 | New York | 7.8% | 32.0% | -1.1% | 110.7% |
24 | Virginia | 3.2% | 32.0% | -1.3% | 134.8% |
25 | Tennessee | 7.2% | 31.2% | 2.7% | 68.5% |
26 | Rhode Island | 4.0% | 30.4% | -0.4% | 108.5% |
27 | New Hampshire | 7.8% | 30.3% | 3.7% | 59.5% |
28 | Arkansas | 6.0% | 29.3% | 1.2% | 83.7% |
29 | Oregon | 7.0% | 28.6% | 3.5% | 57.3% |
30 | Pennsylvania | 3.7% | 28.6% | -1.1% | 124.4% |
31 | Arizona | 7.5% | 27.7% | 3.7% | 59.0% |
32 | Georgia | 6.7% | 26.8% | 2.9% | 63.6% |
33 | Wisconsin | 5.9% | 26.7% | 2.1% | 69.6% |
34 | New Jersey | 5.9% | 26.4% | 1.4% | 80.5% |
35 | Indiana | 7.2% | 26.3% | 4.2% | 49.4% |
36 | Maryland | 4.2% | 25.4% | 0.9% | 80.5% |
37 | Louisiana | 2.9% | 25.0% | -1.3% | 137.0% |
38 | Montana | 8.5% | 24.8% | 5.2% | 48.9% |
39 | South Carolina | 1.8% | 24.3% | -1.9% | 192.0% |
40 | North Carolina | 1.7% | 22.7% | -1.8% | 188.0% |
41 | Maine | 4.9% | 22.4% | 2.3% | 58.3% |
42 | Vermont | 7.0% | 21.8% | 4.6% | 42.5% |
43 | Kentucky | 7.7% | 21.3% | 5.5% | 38.4% |
44 | Mississippi | 5.0% | 17.7% | 2.9% | 49.2% |
45 | Alabama | 2.4% | 15.6% | 0.0% | 98.9% |
46 | New Mexico | 5.3% | 15.0% | 3.7% | 40.3% |
47 | Alaska | 5.4% | 15.0% | 4.0% | 34.2% |
48 | Delaware | 0.7% | 15.0% | -1.6% | 301.2% |
49 | Hawaii | 3.5% | 4.2% | 3.4% | 15.3% |
50 | West Virginia | 5.0% | -2.5% | 6.4% | -7.4% |
29* | District of Columbia | 5.0% | 29.1% | -1.1% | 117.5% |
United States | 6.3% | 36.8% | -0.4% | 105.5% | |
Northeast | 6.2% | 28.3% | 0.2% | 97.3% | |
Midwest | 7.4% | 34.7% | 2.4% | 71.9% | |
South | 5.8% | 33.7% | 0.1% | 99.0% | |
West | 6.3% | 42.8% | -1.4% | 117.8% |
* Rank of the District of Columbia if it were ranked with the 50 states
ŧ Only estimates of top incomes are currently available for Wyoming in 2012.
Ŧ Overall income declined even as top 1% incomes grew over this period.
Note: Data are for tax units.
Source: Authors’ analysis of state-level tax data from Sommeiller (2006) extended to 2012 using state-level data from the Internal Revenue Service SOI Tax Stats (various years), and Piketty and Saez (2012)