Income growth from 1979 to 2007, 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 | Connecticut | 72.6% | 414.6% | 29.5% | 63.9% |
2 | Massachusetts | 82.1% | 366.0% | 51.7% | 43.1% |
3 | New York | 60.5% | 355.1% | 22.2% | 67.6% |
4 | Wyoming | 31.5% | 354.3% | -0.8% | 102.3% |
5 | New Jersey | 62.6% | 264.7% | 41.3% | 40.3% |
6 | Washington | 31.2% | 222.3% | 13.9% | 59.1% |
7 | Florida | 38.8% | 218.8% | 13.8% | 68.9% |
8 | Vermont | 42.4% | 217.0% | 27.8% | 39.5% |
9 | South Dakota | 44.8% | 216.0% | 30.5% | 37.2% |
10 | New Hampshire | 53.2% | 215.9% | 37.6% | 35.5% |
11 | Utah | 31.0% | 214.9% | 15.4% | 54.1% |
12 | Virginia | 58.2% | 214.8% | 44.6% | 29.5% |
13 | Illinois | 31.4% | 211.6% | 12.2% | 64.9% |
14 | Maryland | 51.0% | 202.1% | 37.0% | 33.6% |
15 | Colorado | 37.4% | 200.8% | 21.2% | 48.3% |
16 | Idaho | 30.1% | 197.6% | 16.3% | 49.9% |
17 | California | 31.5% | 191.8% | 13.2% | 62.4% |
18 | Pennsylvania | 40.0% | 184.9% | 25.2% | 42.8% |
19 | Tennessee | 35.3% | 178.0% | 20.2% | 48.4% |
20 | Minnesota | 44.4% | 175.9% | 30.9% | 36.8% |
21 | North Carolina | 44.8% | 172.0% | 32.1% | 34.8% |
22 | Georgia | 37.5% | 170.9% | 23.5% | 43.3% |
23 | Rhode Island | 53.8% | 170.3% | 40.4% | 32.6% |
24 | Nevada | 8.6% | 164.0% | -11.6% | 218.5% |
25 | South Carolina | 25.4% | 163.5% | 12.8% | 54.0% |
26 | Nebraska | 43.5% | 160.3% | 31.8% | 33.5% |
27 | Alabama | 33.7% | 158.8% | 20.5% | 44.9% |
28 | Arizona | 17.0% | 157.8% | 3.0% | 84.2% |
29 | Wisconsin | 28.5% | 150.4% | 17.4% | 44.0% |
30 | Oklahoma | 33.9% | 149.6% | 20.3% | 46.6% |
31 | Maine | 39.9% | 149.4% | 30.2% | 30.5% |
32 | North Dakota | 33.7% | 147.8% | 24.0% | 34.2% |
33 | Montana | 22.3% | 146.8% | 10.9% | 55.2% |
34 | Missouri | 31.9% | 140.5% | 20.3% | 42.5% |
35 | Kansas | 37.0% | 132.3% | 26.6% | 35.0% |
36 | Oregon | 13.5% | 127.2% | 2.7% | 81.8% |
37 | Texas | 26.6% | 124.1% | 13.5% | 55.3% |
38 | Delaware | 31.5% | 122.6% | 21.2% | 39.7% |
39 | Arkansas | 35.0% | 121.6% | 25.6% | 34.0% |
40 | New Mexico | 14.0% | 119.3% | 4.2% | 72.6% |
41 | Alaska | -10.3% | 118.6% | -17.5% | Ŧ |
42 | Hawaii | 12.4% | 118.0% | 3.9% | 70.9% |
43 | Indiana | 21.4% | 115.3% | 12.6% | 46.5% |
44 | Ohio | 20.4% | 111.2% | 11.3% | 49.4% |
45 | Iowa | 30.9% | 110.5% | 23.7% | 29.8% |
46 | Kentucky | 19.9% | 105.1% | 11.2% | 48.8% |
47 | Michigan | 8.9% | 100.0% | -0.2% | 101.7% |
48 | Mississippi | 31.8% | 93.4% | 24.8% | 29.8% |
49 | Louisiana | 35.4% | 84.6% | 29.5% | 25.6% |
50 | West Virginia | 12.9% | 74.1% | 6.6% | 53.3% |
6* | District of Columbia | 88.1% | 239.4% | 65.8% | 34.8% |
United States | 36.9% | 200.5% | 18.9% | 53.9% | |
Northeast | 59.0% | 301.2% | 31.0% | 52.9% | |
Midwest | 26.5% | 147.1% | 14.4% | 50.7% | |
South | 37.6% | 167.5% | 22.6% | 46.1% | |
West | 27.3% | 186.2% | 10.5% | 65.2% |
* Rank of the District of Columbia if it were ranked with the 50 states
Ŧ Only the incomes of the top 1% grew over this period.
Note: Data are for tax units.
Source: Authors' analysis of state-level tax data from Sommeiller (2006) extended to 2007 using state-level data from the Internal Revenue Service SOI Tax Stats (various years), and Piketty and Saez (2012)