placestats

Millionaires' share of all income

The share of all income reported on the state's tax returns that is on millionaires' returns. It shows how much of the state's income is held at the very top. It rises and falls with the stock market, since so much of that income is profit from selling investments.

Reported for52states
Link to density0.23not mostly about how urban a place is
Nearby places alike—not worked out for states: the map data here has no location points to measure distances between states
Typerate% of adjusted gross income

How it has moved

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Every state, every year

One row per state and one column per year, sorted by the latest value. It shows states, not counties: nobody can scan 3,222 rows, and the pattern only shows when it all fits on one screen.

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Where it comes from

IRS Statistics of Income, state data · IRS SOI Historic Table 2, AGI $1,000,000 or more

Adjusted gross income on returns of $1 million or more, as a share of all adjusted gross income.

Combining areas: it cannot be combined, so it is shown only where its publisher works it out.

Population makeup

How this measure varies with the racial and ethnic makeup of states. Every group is shown, whatever its rank. These are links across states: they describe places, not people. They say nothing about any person’s risk or behaviour based on their race. States with a larger share of one group also differ in much else, such as income, segregation, region and history. The adjusted figure only accounts for density, income and education.

Share of residentsUnadjustedAdjusted
Share White, not HispanicCould easily be chance once only places with similar density, income and education are compared.-0.31-0.25
Share Black, not HispanicCould easily be chance once only places with similar density, income and education are compared.+0.07-0.06
Share Hispanic or Latino, any raceCould easily be chance once only places with similar density, income and education are compared.+0.38+0.39
Share Asian, not HispanicCould easily be chance once only places with similar density, income and education are compared.+0.01-0.03
Share American Indian or Alaska Native, not HispanicCould easily be chance once only places with similar density, income and education are compared.-0.16-0.09

Highest and lowest

Of 52 states reporting it. These are the two ends of a national ranking. For most measures, that ranking mostly sorts places by income and how urban they are. That is why the place pages compare each place with similar places instead.

Highest

  1. Wyoming — 29.8
  2. District of Columbia — 26.8
  3. Florida — 26.4
  4. Connecticut — 24.7
  5. New York — 24.2

Lowest

  1. West Virginia — 5.86
  2. New Mexico — 7.88
  3. Alaska — 8.07
  4. Hawaii — 8.38
  5. Kentucky — 8.64

The middle state reports 12.8. The middle half of states falls between 10.6 and 16.3 (the 25th to 75th percentile).

All measures · Explore its pairs · How the US county data works