Shares of all income held by the top 1%, U.S. and by region, 1917–2015
United States | Northeast | Midwest | South | West | |
---|---|---|---|---|---|
1917 | 18% | 23% | 14% | 14% | 13% |
1918 | 16% | 20% | 13% | 14% | 11% |
1919 | 16% | 20% | 13% | 15% | 12% |
1920 | 15% | 16% | 13% | 14% | 11% |
1921 | 16% | 17% | 14% | 14% | 11% |
1922 | 17% | 19% | 15% | 15% | 13% |
1923 | 16% | 17% | 14% | 14% | 12% |
1924 | 17% | 19% | 15% | 15% | 13% |
1925 | 20% | 23% | 17% | 19% | 14% |
1926 | 20% | 22% | 17% | 18% | 16% |
1927 | 21% | 24% | 18% | 18% | 16% |
1928 | 24% | 29% | 20% | 18% | 18% |
1929 | 22% | 27% | 18% | 17% | 16% |
1930 | 17% | 19% | 15% | 15% | 13% |
1931 | 15% | 16% | 14% | 15% | 13% |
1932 | 16% | 16% | 14% | 15% | 12% |
1933 | 16% | 18% | 14% | 15% | 13% |
1934 | 16% | 17% | 15% | 16% | 14% |
1935 | 17% | 18% | 14% | 16% | 14% |
1936 | 19% | 20% | 18% | 19% | 16% |
1937 | 17% | 18% | 15% | 17% | 15% |
1938 | 16% | 15% | 14% | 16% | 13% |
1939 | 16% | 16% | 15% | 16% | 13% |
1940 | 16% | 16% | 15% | 17% | 13% |
1941 | 16% | 16% | 15% | 16% | 13% |
1942 | 13% | 14% | 13% | 13% | 11% |
1943 | 12% | 13% | 12% | 12% | 11% |
1944 | 11% | 14% | 12% | 12% | 11% |
1945 | 13% | 15% | 13% | 12% | 11% |
1946 | 13% | 14% | 12% | 13% | 11% |
1947 | 12% | 12% | 11% | 12% | 10% |
1948 | 12% | 13% | 11% | 13% | 12% |
1949 | 12% | 12% | 11% | 12% | 11% |
1950 | 13% | 14% | 12% | 13% | 12% |
1951 | 12% | 13% | 11% | 12% | 11% |
1952 | 11% | 12% | 10% | 11% | 10% |
1953 | 10% | 11% | 10% | 10% | 9% |
1954 | 11% | 12% | 10% | 11% | 10% |
1955 | 11% | 12% | 10% | 11% | 10% |
1956 | 11% | 12% | 10% | 11% | 9% |
1957 | 10% | 11% | 10% | 10% | 9% |
1958 | 10% | 11% | 10% | 10% | 9% |
1959 | 11% | 12% | 10% | 11% | 10% |
1960 | 10% | 11% | 10% | 10% | 9% |
1961 | 11% | 12% | 10% | 10% | 10% |
1962 | 10% | 11% | 9% | 10% | 9% |
1963 | 10% | 11% | 9% | 10% | 9% |
1964 | 10% | 11% | 10% | 11% | 9% |
1965 | 11% | 12% | 10% | 11% | 10% |
1966 | 10% | 11% | 10% | 10% | 9% |
1967 | 11% | 12% | 10% | 11% | 10% |
1968 | 11% | 13% | 10% | 11% | 10% |
1969 | 10% | 12% | 10% | 10% | 9% |
1970 | 9% | 10% | 9% | 9% | 8% |
1971 | 9% | 10% | 9% | 10% | 8% |
1972 | 10% | 10% | 9% | 10% | 9% |
1973 | 9% | 10% | 8% | 10% | 9% |
1974 | 9% | 9% | 8% | 9% | 8% |
1975 | 9% | 9% | 9% | 9% | 8% |
1976 | 9% | 9% | 9% | 9% | 8% |
1977 | 9% | 9% | 9% | 9% | 9% |
1978 | 9% | 9% | 9% | 9% | 9% |
1979 | 10% | 10% | 9% | 10% | 10% |
1980 | 10% | 11% | 9% | 10% | 9% |
1981 | 10% | 11% | 9% | 10% | 9% |
1982 | 11% | 6% | 6% | 7% | 5% |
1983 | 12% | 6% | 5% | 7% | 5% |
1984 | 12% | 11% | 8% | 9% | 8% |
1985 | 13% | 11% | 9% | 9% | 8% |
1986 | 16% | 15% | 11% | 13% | 12% |
1987 | 13% | 13% | 10% | 11% | 10% |
1988 | 15% | 15% | 11% | 12% | 12% |
1989 | 14% | 14% | 11% | 12% | 12% |
1990 | 14% | 16% | 13% | 14% | 15% |
1991 | 13% | 15% | 12% | 13% | 14% |
1992 | 15% | 17% | 14% | 14% | 14% |
1993 | 14% | 16% | 13% | 14% | 14% |
1994 | 14% | 16% | 13% | 14% | 14% |
1995 | 15% | 17% | 14% | 15% | 15% |
1996 | 17% | 19% | 17% | 16% | 16% |
1997 | 18% | 20% | 15% | 17% | 18% |
1998 | 19% | 21% | 16% | 18% | 19% |
1999 | 20% | 23% | 16% | 18% | 22% |
2000 | 22% | 24% | 16% | 18% | 24% |
2001 | 18% | 22% | 14% | 16% | 18% |
2002 | 17% | 19% | 14% | 16% | 17% |
2003 | 18% | 18% | 13% | 15% | 16% |
2004 | 20% | 22% | 16% | 18% | 20% |
2005 | 22% | 24% | 17% | 21% | 22% |
2006 | 23% | 24% | 18% | 21% | 21% |
2007 | 24% | 26% | 18% | 20% | 21% |
2008 | 21% | 23% | 17% | 19% | 18% |
2009 | 18% | 21% | 15% | 17% | 17% |
2010 | 20% | 24% | 17% | 18% | 20% |
2011 | 20% | 24% | 17% | 19% | 19% |
2012 | 23% | 25% | 19% | 22% | 23% |
2013 | 20% | 24% | 17% | 19% | 20% |
2014 | 21% | 26% | 18% | 21% | 22% |
2015 | 22% | 25% | 18% | 20% | 22% |
Notes: Data are for tax units. Income includes capital gains income. Shaded areas denote recessions.
Source: Authors’ analysis of state-level tax data from Sommeiller 2006 extended to 2015 using state-level data from the Internal Revenue Service SOI Tax Stats (various years) and Piketty and Saez 2016