Income threshold of top 1% and top .01%, and average income of top .01%, U.S. and by state and region, 2011

Rank (by average income of top .01%) State/region Income threshold of top 1% Income threshold of top .01% Average income of top .01%
1 Connecticut $624,524 $16,630,571 $57,158,181
2 Wyoming $347,420 $11,688,244 $50,123,531
3 New York $465,706 $13,645,115 $49,737,418
4 Massachusetts $483,642 $11,483,247 $38,285,255
5 Nevada $291,973 $8,531,471 $31,729,887
6 Florida $336,935 $8,659,187 $29,654,038
7 California $392,895 $9,033,459 $29,323,990
8 Texas $378,527 $8,752,645 $28,513,668
9 Colorado $356,256 $8,092,735 $27,213,547
10 New Hampshire $321,739 $7,464,862 $26,317,489
11 New Jersey $499,710 $8,712,835 $23,184,574
12 Illinois $379,353 $7,607,326 $22,083,645
13 Washington $332,464 $6,965,798 $22,054,730
14 Rhode Island $287,311 $6,081,817 $19,923,786
15 North Dakota $399,581 $7,166,216 $19,574,464
16 Kansas $312,224 $6,190,574 $19,460,810
17 South Dakota $327,833 $6,528,041 $19,386,078
18 Arkansas $268,521 $4,885,067 $18,642,310
19 Virginia $373,550 $6,606,041 $18,554,215
20 Maryland $388,112 $6,682,288 $17,973,401
21 Oklahoma $312,784 $6,141,210 $17,654,483
22 Minnesota $368,646 $6,267,273 $17,244,271
23 Pennsylvania $329,763 $5,989,165 $17,222,900
24 Wisconsin $283,074 $5,387,667 $16,023,678
25 Nebraska $302,007 $5,420,842 $15,460,603
26 Missouri $276,958 $5,192,083 $15,275,495
27 Vermont $256,807 $4,813,236 $15,035,529
28 Alabama $239,487 $4,548,323 $14,084,100
29 Utah $290,874 $5,055,146 $13,722,051
30 Tennessee $280,999 $4,872,952 $13,398,304
31 Arizona $267,667 $4,782,804 $13,393,254
32 Michigan $271,286 $4,681,701 $13,130,284
33 Georgia $306,724 $4,963,553 $13,012,539
34 Montana $262,719 $4,358,105 $12,588,246
35 Ohio $280,044 $4,482,475 $11,984,269
36 Idaho $246,325 $4,217,156 $11,513,067
37 North Carolina $288,928 $4,415,411 $11,453,380
38 Oregon $271,754 $4,177,988 $11,291,789
39 West Virginia $237,787 $3,608,715 $10,739,297
40 Louisiana $288,552 $4,367,491 $10,562,618
41 Indiana $264,827 $4,076,432 $10,468,954
42 Delaware $311,284 $4,357,359 $9,876,547
43 Hawaii $267,162 $3,897,088 $9,866,632
44 Iowa $284,498 $3,966,942 $9,761,329
45 Alaska $352,714 $4,428,775 $9,524,204
46 Kentucky $261,940 $3,482,335 $8,815,881
47 New Mexico $263,041 $3,451,349 $8,769,430
48 Maine $254,321 $3,356,202 $7,926,538
49 South Carolina $259,922 $3,429,734 $7,829,553
50 Mississippi $234,876 $2,847,842 $6,448,737
9* District of Columbia $509,461 $10,062,401 $27,694,421
United States $348,498 $7,508,585 $23,381,212
Northeast $438,490 $10,685,484 $35,383,569
West $345,919 $7,626,450 $24,352,437
South $319,022 $6,522,978 $19,748,917
Midwest $307,833 $5,554,099 $15,691,377

* Rank of the District of Columbia if it were ranked with the 50 states.

Note: Data are for tax units.

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)

View the underlying data on epi.org.