Top 1 Of Income Earners In California
The study which used data from a 2018 report by the washington based institute on taxation and economic policy itep did not include federal taxes paid.
Top 1 of income earners in california. Lowest top 1 household income. The 150 000 california taxpayers in the top 1 percent of california earners made more money in 2012 than the roughly 10 million taxpayers at the bottom according to a bee analysis of new figures. Like last year fremont california takes the second spot in our list of the cities with the highest income needed to be a top earner with the required income increasing by more than 8. Bring in at least 659 503 in yearly income and you ll be among the top 1 percent of earners in california according to a 24 7 wall st.
Analysis of the ultra wealthy in every state. New mexico 300 774 00 individual income by state. Specifically in 2017 the annual income needed to be in the top 20 of households was 224 776 while in 2018 it was 243 080. Among the top 1 of earners in the state those earning at least 448 795 the average income is 1 2 million.
The roughly 28 000 taxpayers who comprise the state s 1 earned about 17 of.