Income threshold of top 1% and top 0.01%, and average income of top 0.01%, U.S. and by state and region, 2015

State rank (from highest to lowest threshold) State/region Income threshold of top 1% Income threshold of top 0.01% Average income of top 0.01%
United States $421,926 $9,765,989 $32,317,855
1 Connecticut $700,800 $19,499,450 $70,196,008
2 New Jersey $588,575 $10,786,410 $29,773,585
3 Massachusetts $582,774 $14,531,763 $50,737,531
4 New York $550,174 $17,420,552 $69,485,807
5 California $514,694 $12,891,282 $45,393,688
6 Colorado $458,576 $8,743,939 $25,099,683
7 Illinois $456,377 $10,446,486 $34,181,224
8 Washington $451,395 $10,271,453 $35,106,381
9 Maryland $445,783 $7,445,675 $19,603,954
10 North Dakota $445,415 $6,704,383 $16,386,624
11 Minnesota $443,118 $8,108,724 $23,134,209
12 Texas $440,758 $9,847,479 $31,310,378
13 Virginia $425,144 $7,473,175 $20,711,419
14 Florida $417,587 $12,027,665 $45,167,509
15 South Dakota $407,406 $7,831,851 $22,596,893
16 Wyoming $405,596 $15,052,175 $74,300,630
17 New Hampshire $405,286 $8,038,097 $24,956,804
18 Alaska $400,017 $5,304,110 $12,026,360
19 Pennsylvania $388,593 $7,821,533 $24,282,147
20 Kansas $375,344 $7,196,836 $21,518,645
21 Utah $374,467 $7,430,648 $22,000,819
22 Georgia $371,811 $6,735,860 $18,617,618
23 Nebraska $363,310 $6,277,204 $17,002,629
24 Oregon $358,937 $5,958,543 $16,145,076
25 Wisconsin $349,905 $6,676,846 $19,635,684
26 Rhode Island $346,657 $6,280,829 $17,542,831
27 North Carolina $343,066 $6,062,214 $17,037,228
28 Nevada $341,335 $10,677,468 $43,988,535
29 Delaware $340,770 $5,708,228 $15,225,579
30 Ohio $334,979 $5,640,615 $15,223,306
31 Oklahoma $333,139 $6,516,552 $19,828,262
32 Tennessee $332,913 $6,665,554 $20,334,457
33 Iowa $331,572 $4,862,037 $12,269,685
34 Arizona $331,074 $5,928,134 $16,097,364
35 Michigan $328,649 $6,396,743 $19,245,851
36 Missouri $326,839 $6,718,753 $20,946,857
37 Vermont $321,969 $5,331,265 $14,336,588
38 Montana $321,849 $5,766,985 $16,424,147
39 South Carolina $318,463 $4,649,350 $11,217,722
40 Louisiana $318,393 $5,302,707 $13,880,894
41 Indiana $316,756 $5,198,119 $13,393,757
42 Idaho $314,532 $5,570,560 $15,499,288
43 Hawaii $310,566 $5,282,639 $14,905,658
44 Maine $303,897 $3,631,803 $7,977,349
45 Alabama $297,564 $4,741,772 $12,196,118
46 Kentucky $274,818 $4,762,370 $13,683,017
47 West Virginia $258,078 $2,949,410 $6,569,242
48 New Mexico $255,429 $3,798,539 $9,517,871
49 Arkansas $255,050 $6,337,995 $26,036,208
50 Mississippi $254,362 $3,400,538 $7,929,519
2* District of Columbia $598,155 $13,690,380 $43,130,489
Northeast $525,544 $13,601,280 $47,913,012
Midwest $372,469 $7,250,631 $21,494,091
South $387,061 $8,333,946 $26,115,554
West $458,666 $10,796,111 $36,486,694

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

Notes: Incomes are in 2015 dollars. Data are for tax units.

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

View the underlying data on epi.org.