Figure A
The share of all income held by the top 1%, United States and by region, 1917–2011
Year | United States (by Piketty and Saez) | Northeast | Midwest | South | West |
---|---|---|---|---|---|
1917 | 17.7 | 22.9 | 13.1 | 15.7 | 13.2 |
1918 | 16.0 | 20.2 | 11.7 | 15.1 | 11.7 |
1919 | 16.4 | 21.2 | 12.8 | 14.3 | 12.2 |
1920 | 14.8 | 17.8 | 12.4 | 13.5 | 10.9 |
1921 | 15.6 | 17.9 | 13.2 | 14.0 | 12.0 |
1922 | 17.1 | 19.8 | 14.1 | 15.0 | 12.8 |
1923 | 15.6 | 18.0 | 12.9 | 14.4 | 12.0 |
1924 | 17.4 | 20.0 | 14.7 | 15.3 | 12.9 |
1925 | 20.2 | 22.9 | 17.3 | 18.0 | 15.2 |
1926 | 19.9 | 21.6 | 17.4 | 17.7 | 16.2 |
1927 | 21.0 | 23.0 | 18.0 | 18.5 | 16.4 |
1928 | 23.9 | 26.3 | 20.6 | 20.4 | 18.8 |
1929 | 22.4 | 27.4 | 18.1 | 17.4 | 16.1 |
1930 | 17.2 | 18.5 | 15.2 | 15.5 | 13.5 |
1931 | 15.5 | 15.8 | 13.9 | 14.9 | 12.6 |
1932 | 15.6 | 16.1 | 13.5 | 15.3 | 12.4 |
1933 | 16.5 | 17.6 | 14.3 | 15.5 | 12.9 |
1934 | 16.4 | 17.0 | 14.7 | 16.0 | 13.8 |
1935 | 16.7 | 17.9 | 14.4 | 16.2 | 14.2 |
1936 | 19.3 | 20.2 | 17.6 | 18.6 | 15.8 |
1937 | 17.1 | 17.8 | 15.3 | 17.2 | 14.8 |
1938 | 15.8 | 15.2 | 14.2 | 16.3 | 13.1 |
1939 | 16.2 | 16.0 | 14.7 | 16.4 | 13.0 |
1940 | 16.5 | 16.1 | 15.3 | 16.8 | 13.1 |
1941 | 15.8 | 15.5 | 14.5 | 16.0 | 12.9 |
1942 | 13.4 | 13.7 | 12.6 | 12.9 | 11.4 |
1943 | 12.3 | 12.8 | 11.4 | 11.7 | 10.6 |
1944 | 11.3 | 11.4 | 12.6 | 12.3 | 10.5 |
1945 | 12.5 | 14.7 | 12.4 | 12.2 | 11.4 |
1946 | 13.3 | 14.1 | 12.2 | 13.3 | 11.3 |
1947 | 12.0 | 12.4 | 10.9 | 11.8 | 10.3 |
1948 | 12.2 | 13.0 | 11.0 | 12.9 | 11.9 |
1949 | 11.7 | 12.4 | 11.0 | 12.1 | 10.9 |
1950 | 12.8 | 13.8 | 11.7 | 13.4 | 12.2 |
1951 | 11.8 | 12.7 | 10.8 | 12.0 | 11.2 |
1952 | 10.8 | 11.6 | 10.0 | 11.2 | 10.1 |
1953 | 9.9 | 10.6 | 9.4 | 10.2 | 8.9 |
1954 | 10.8 | 11.7 | 9.8 | 11.3 | 9.9 |
1955 | 11.1 | 12.4 | 9.8 | 11.3 | 10.2 |
1956 | 10.7 | 11.7 | 9.9 | 11.0 | 9.5 |
1957 | 10.2 | 10.9 | 9.5 | 10.6 | 9.1 |
1958 | 10.2 | 11.3 | 9.4 | 10.3 | 9.3 |
1959 | 10.6 | 11.9 | 9.5 | 10.9 | 9.7 |
1960 | 10.0 | 10.8 | 9.4 | 10.3 | 9.1 |
1961 | 10.6 | 11.8 | 9.9 | 10.6 | 9.7 |
1962 | 9.9 | 10.7 | 9.2 | 10.3 | 8.9 |
1963 | 9.9 | 10.7 | 9.2 | 10.3 | 8.9 |
1964 | 10.5 | 11.4 | 9.9 | 11.0 | 9.6 |
1965 | 10.9 | 11.8 | 10.1 | 11.2 | 9.7 |
1966 | 10.2 | 11.3 | 9.5 | 10.6 | 9.1 |
1967 | 10.7 | 12.1 | 10.0 | 10.8 | 9.7 |
1968 | 11.2 | 12.7 | 10.1 | 11.1 | 10.0 |
1969 | 10.4 | 11.5 | 9.6 | 10.6 | 9.4 |
1970 | 9.0 | 9.7 | 8.6 | 9.5 | 8.2 |
1971 | 9.4 | 10.1 | 8.7 | 10.1 | 8.6 |
1972 | 9.6 | 10.2 | 8.9 | 10.3 | 8.8 |
1973 | 9.2 | 9.5 | 8.3 | 10.0 | 8.6 |
1974 | 9.1 | 8.8 | 8.0 | 9.0 | 8.3 |
1975 | 8.9 | 9.2 | 8.4 | 9.5 | 8.3 |
1976 | 8.9 | 9.2 | 8.5 | 9.4 | 8.3 |
1977 | 9.0 | 9.3 | 8.5 | 9.5 | 8.6 |
1978 | 9.0 | 9.4 | 8.4 | 9.3 | 8.6 |
1979 | 10.0 | 10.3 | 9.1 | 10.4 | 9.6 |
1980 | 10.0 | 10.6 | 9.1 | 10.4 | 9.2 |
1981 | 10.0 | 10.7 | 8.9 | 10.3 | 9.2 |
1982 | 10.8 | 10.7 | 9.7 | 10.7 | 9.5 |
1983 | 11.6 | ||||
1984 | 12.0 | ||||
1985 | 12.7 | ||||
1986 | 15.9 | 15.1 | 11.2 | 13.2 | 12.1 |
1987 | 12.7 | 12.7 | 9.7 | 10.8 | 10.4 |
1988 | 15.5 | 14.7 | 11.2 | 12.5 | 12.4 |
1989 | 14.5 | 13.6 | 10.7 | 12.1 | 12.3 |
1990 | 14.3 | 15.6 | 12.7 | 13.8 | 15.0 |
1991 | 13.4 | 14.7 | 12.4 | 13.0 | 13.5 |
1992 | 14.7 | 16.7 | 13.5 | 14.3 | 14.4 |
1993 | 14.2 | 16.3 | 13.3 | 13.9 | 13.9 |
1994 | 14.2 | 15.9 | 13.4 | 14.0 | 13.9 |
1995 | 15.2 | 17.1 | 13.9 | 14.6 | 14.9 |
1996 | 16.7 | 18.8 | 17.0 | 15.7 | 16.4 |
1997 | 18.0 | 20.4 | 15.5 | 17.0 | 17.8 |
1998 | 19.1 | 21.5 | 16.3 | 17.8 | 18.7 |
1999 | 20.0 | 22.8 | 16.1 | 17.7 | 21.6 |
2000 | 21.5 | 24.6 | 16.1 | 18.1 | 24.1 |
2001 | 18.2 | 22.7 | 14.5 | 16.2 | 18.2 |
2002 | 16.9 | 19.6 | 14.4 | 15.4 | 16.5 |
2003 | 17.5 | 18.4 | 13.2 | 14.6 | 15.7 |
2004 | 19.8 | 22.2 | 15.7 | 18.0 | 19.6 |
2005 | 21.9 | 23.7 | 16.7 | 20.4 | 21.7 |
2006 | 22.8 | 24.5 | 17.4 | 21.0 | 21.7 |
2007 | 23.5 | 26.1 | 17.8 | 20.1 | 21.5 |
2008 | 20.9 | 22.7 | 16.4 | 18.9 | 18.3 |
2009 | 18.1 | 21.3 | 15.3 | 17.0 | 17.4 |
2010 | 19.9 | 23.9 | 16.8 | 18.3 | 19.7 |
2011 | 19.6 | 23.6 | 16.6 | 18.5 | 19.5 |
2012 | 22.5 |
Note: Data are for tax units. Tax data from 1983 to 1985 were unavailable, hence the gap in regional figures. Income includes capital gains income.
Source: Authors' analysis of state-level tax data from Sommeiller (2006) extended to 2011 using state-level data from the Internal Revenue Service SOI Tax Stats (various years), and Piketty and Saez (2012)
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