How Much the Top 1% Pay in Taxes in the South

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GOBankingRates precocious studied the taxation instrumentality information of each state, and the South has 4 of the apical 10 states successful income taxation share. Also successful that quartet are Arkansas (42.2%) and Tennessee (41.0%).

Check retired however overmuch the apical 1% wage successful each of the Southern states.

• Total income taxation stock for the apical 1%: 36.2%

• Average taxation complaint percent for the apical 1%: 23.9%

• Total income taxation for the apical 1%: $6,778,809,000

• Number of returns for the apical 1%: 20,185

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• Total income taxation stock for the apical 1%: 42.2%

• Average taxation complaint percent for the apical 1%: 23.2%

• Total income taxation for the apical 1%: $4,814,153,000

• Number of returns for the apical 1%: 12,198

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• Total income taxation stock for the apical 1%: 53.6%

• Average taxation complaint percent for the apical 1%: 26%

• Total income taxation for the apical 1%: $96,264,565,000

• Number of returns for the apical 1%: 105,101

• Total income taxation stock for the apical 1%: 38.3%

• Average taxation complaint percent for the apical 1%: 25.8%

• Total income taxation for the apical 1%: $21,001,340,000

• Number of returns for the apical 1%: 46,220

• Total income taxation stock for the apical 1%: 34.3%

• Average taxation complaint percent for the apical 1%: 24.7%

• Total income taxation for the apical 1%: $5,451,182,000

• Number of returns for the apical 1%: 18,395

• Total income taxation stock for the apical 1%: 38.7%

• Average taxation complaint percent for the apical 1%: 26%

• Total income taxation for the apical 1%: $6,806,423,000

• Number of returns for the apical 1%: 18,593

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• Total income taxation stock for the apical 1%: 38.3%

• Average taxation complaint percent for the apical 1%: 24.4%

• Total income taxation for the apical 1%: $3,297,109,000

• Number of returns for the apical 1%: 11,731

• Total income taxation stock for the apical 1%: 35.3%

• Average taxation complaint percent for the apical 1%: 25.7%

• Total income taxation for the apical 1%: $19,037,365,000

• Number of returns for the apical 1%: 46,525

• Household median income: $61,364

• Household mean income: $84,402

• Rent mean outgo successful April 2024: $987

• Average expenditure cost: $1,886

• Total outgo of living: $2,873