Boston Real Estate for Sale

Extending the Bush Tax cuts for the top percentile of wealthy Americans has been one of the most hotly debated topics in Washington in 2010.

But how many wealthy people are there in the U.S., how much do they make and where do they live? And most importantly – where does Massachusetts rank?

According the data from the Census Bureau, there are currently 4.5 million households that earn over $200,000 per year, the highest wealth division compiled in Census reports, which is approximately 3.8% of all households in the country. The average income of those making over $250,000 is $425,226 and there were 2.37 million households in this range as of 2009

The following are the top 15 wealthiest areas with a household income of $200,000 or above:

15. Minnesota

Anne Rippey | Photographer’s Choice | Getty Images

% of Households Earning $200K+: 3.8%

Total Households: 2,062,681

Households Earning $200K+: 77,772

Median Income: $55,956

14. Texas

Jeremy Woodhouse | The Image Bank | Getty Images

% of Households Earning $200K+: 3.9%

Total Households: 8,244,022

Households Earning $200K+: 313,681

Median Income: $47,143

13. Washington

% of Households Earning $200K+: 4.0%

Total Households: 2,501,509

Households Earning $200K+: 99,636

Median Income: $58,964

12. Colorado

Panoramic Images | Getty Images

% of Households Earning $200K+: 4.1%

Total Households: 1,859,965

Households Earning $200K+: 76,216

Median Income: $59,964

11. New Hampshire

Panoramic Images | Getty Images

% of Households Earning $200K+: 4.2%

Total Households: 501,505

Households Earning $200K+: 20,899

Median Income: $66,654

10. Illinois

Shutterstock

% of Households Earning $200K+: 4.4%

Total Households: 4,759,579

Households Earning $200K+: 208,385

Median Income: $53,413

9. Hawaii

% of Households Earning $200K+: 4.5%

Total Households: 439,685

Households Earning $200K+: 19,876

Median Income: $61,055

8. New York

Getty Images

% of Households Earning $200K+: 5.6%

Total Households: 7,099,940

Households Earning $200K+: 399,014

Median Income: $50,372

7. Virginia

% of Households Earning $200K+: 5.7%

Total Households: 2,932,234

Households Earning $200K+: 165,998

Median Income: $61,151

6. California

% of Households Earning $200K+: 6.2%

Total Households: 12,200,672

Households Earning $200K+: 757,411

Median Income: $56,862

5. Massachusetts

Gavin Heller | Photographer’s Choice | Getty Images

% of Households Earning $200K+: 6.22%

Total Households: 2,449,133

Households Earning $200K+: 152,348

Median Income: $59,981

4. Maryland

Getty Images

% of Households Earning $200K+: 6.9%

Total Households: 2,082,458

Households Earning $200K+: 142,694

Median Income: $65,183

3. New Jersey

Driendl Group | Getty Images

% of Households Earning $200K+: 7.5%

Total Households: 3,149,910

Households Earning $200K+: 235,278

Median Income: $64,143

2. Connecticut

Porter Gifford | Getty Images

% of Households Earning $200K+: 8.0%

Total Households: 1,320,714

Households Earning $200K+: 105,433

Median Income: $65,213

1. District of Columbia

Getty Images

% of Households Earning $200K+: 8.4%

Total Households: 251,039

Households Earning $200K+: 21,194

Median Income: $53,685

This article is part of a series related to being Financially Fit

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Updated: 1st Q 2018

 

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