Locating the 200K club

income_by_state.gif A little under 4 percent of American households make over $200,000 a year (the group that could end up paying more to the IRS next year if the so-called Bush tax cuts aren't extended). That 4 percent is not divvied up evenly, of course. In California, 6.2 percent the households are over 200K, which as you might guess is near the top of the scale. A few others are higher - Maryland is at 6.8 percent, New Jersey 7.46 percent, Connecticut 7.95 percent, and D.C. tops the list with 8.37 percent. (states in bright green are between 5 percent and 7 percent; states in gold are over 7 percent; and states in dark blue are under 2 percent). From the Washington Post:

The states with the highest proportion of wealthy households tend to be large (New York, California) or suburban (Virginia, Maryland, New Jersey, Connecticut) while large plains states and most of the South fall on the very low end; both of the Dakotas and Montana are under 2 percent, as is Mississippi, with Alabama just over.

More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook