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What the Top 1% Richest Americans Pay in Taxes Across the U.S.

2025-12-02 23:36:05

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This graphic shows each state’s share of income taxes paid by the top 1% of earners.

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What the Top 1% Richest Americans Pay in Taxes Across the U.S.

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • The top 1% richest Americans earn 19.5% of U.S. income yet pay 37% of total income taxes.
  • State-by-state tax burdens vary widely, with Wyoming, Florida, and Nevada seeing the highest share of taxes paid by the top 1%.

This graphic uses IRS data from 2022 analyzed by SmartAsset to show how much the richest people contribute to income tax revenue.

The table below includes each state’s share of income taxes paid by the top 1% and the total amount of income tax they paid.

Where the Top 1% Pay the Largest Share of Taxes

Wyoming leads the nation, with the top 1% paying 54.67% of all state income taxes.

Florida and Nevada follow closely, both surpassing the 50% threshold. These states attract high-income individuals in part due to tax-friendly policies and large concentrations of wealthy households.

Rank State Income taxes paid by top 1% Total income tax paid by 1% (thousands of dollars)
1 Wyoming 54.67% $2,460,940
2 Florida 53.62% $96,264,565
3 Nevada 51.12% $11,010,104
4 New York 46.26% $79,488,609
5 Texas 44.52% $81,990,700
6 Connecticut 43.85% $16,284,881
7 Montana 42.92% $2,690,156
8 Arkansas 42.22% $4,814,153
9 Utah 41.16% $7,477,634
10 Tennessee 41.04% $14,547,566
11 South Dakota 40.46% $2,020,508
12 Louisiana 38.72% $6,806,423
13 California 38.60% $122,452,981
14 Illinois 38.39% $32,677,874
15 Georgia 38.31% $21,001,340
16 Mississippi 38.29% $3,297,109
17 Idaho 38.20% $3,392,957
18 Massachusetts 38.19% $26,646,912
19 Arizona 38.00% $14,438,918
20 Oklahoma 37.80% $5,622,529
21 Missouri 37.16% $10,481,163
22 South Carolina 37.05% $8,867,845
23 Nebraska 37.03% $3,704,671
24 Alabama 36.15% $6,778,809
25 Kansas 35.79% $5,066,051
26 Wisconsin 35.54% $11,024,109
27 Indiana 35.52% $10,518,818
28 New Hampshire 35.41% $3,946,877
29 North Carolina 35.28% $19,037,365
30 Pennsylvania 35.09% $26,128,752
31 Michigan 35.01% $16,650,121
32 Ohio 34.60% $18,842,538
33 Colorado 34.51% $14,894,687
34 North Dakota 34.41% $1,521,767
35 Kentucky 34.26% $5,451,182
36 New Jersey 33.78% $26,899,308
37 Rhode Island 33.58% $2,150,700
38 Hawaii 33.57% $2,455,554
39 Iowa 33.16% $4,813,252
40 Virginia 32.94% $19,239,261
41 Minnesota 32.64% $11,524,941
42 New Mexico 32.30% $2,380,544
43 Washington 32.06% $20,012,467
44 Vermont 32.04% $1,078,255
45 Maine 30.48% $1,976,671
46 Maryland 30.45% $12,675,749
47 Delaware 30.38% $1,647,326
48 Oregon 30.37% $6,773,041
49 West Virginia 30.28% $1,647,747
50 Alaska 26.37% $1,016,945

High-Population States with High-Dollar Contributions

In states like California, Texas, and New York, the share of taxes paid by the top 1% ranges from 39% to 46%, but the dollar amounts are higher due to population scale.

California’s top earners alone account for more than $122 billion in income taxes, the largest total contribution of any state. High adjusted gross incomes—often above $2 million—mean that even moderate tax-share percentages translate into substantial revenue.

States with More Evenly Distributed Tax Burdens

States further down the ranking, such as Oklahoma, Arizona, and Idaho, still see the top 1% paying about 38% of income taxes. Alaska sits at the bottom, with top earners paying 26%. Across nearly every state, the top 1% shoulder between one-third and one-half of total income taxes.

Learn More on the Voronoi App

If you enjoyed today’s post, check out Mean vs. Median: Visualizing Net Worth in the U.S. by Age Group on Voronoi, the new app from Visual Capitalist.

Mapped: U.S. Income Inequality by State

2025-12-02 21:09:03

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Map showing income inequality by state in 2024.

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Mapped: U.S. Income Inequality by State

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Income inequality in America is high, with the top 20% of earners receiving more than half of all income.
  • Washington, D.C. and New York have the most extreme income inequality nationwide, driven by favorable tax policies and the concentration of billionaire wealth.

The wealth of America’s top 1% sits around $52 trillion today, rising by $4 trillion over the year.

Overall, the top 1% of U.S. earners need to make around $800,000 or more in salary per household. Meanwhile, about 30% of American households earned less than $50,000 last year, highlighting clear divides in wage distribution across the country.

This graphic shows income inequality by state, based on data from the U.S. Census Bureau.

The Spectrum of Income Inequality in America

In 2024, the U.S. Gini coefficient was 0.48, representing a high degree of inequality.

Effectively, a score of one means that a single person would earn all of the income, and 0 would represent perfect equality. Last year, the top 20% of earners pocketed 52.2% of the country’s income according to the U.S. Census Bureau. In contrast, the bottom fifth of earners received just 3.1%.

Yet, income is distributed differently across states. Last year, income inequality was the most severe in Washington, D.C. and New York, each with a 0.52 Gini index score.

State Gini Coefficient 2024
District of Columbia 0.52
New York 0.52
Connecticut 0.50
Louisiana 0.49
California 0.49
Massachusetts 0.48
Illinois 0.48
Florida 0.48
Texas 0.48
North Carolina 0.48
Mississippi 0.48
Pennsylvania 0.47
Tennessee 0.47
Alabama 0.47
Georgia 0.47
Washington 0.47
New Mexico 0.47
Arkansas 0.47
Rhode Island 0.47
New Jersey 0.47
Kentucky 0.47
Oklahoma 0.47
Virginia 0.47
Michigan 0.47
West Virginia 0.47
South Carolina 0.47
Nevada 0.47
Missouri 0.46
Ohio 0.46
Arizona 0.46
Colorado 0.46
Wyoming 0.46
Montana 0.46
North Dakota 0.46
Maine 0.46
Maryland 0.46
Kansas 0.46
Oregon 0.46
Vermont 0.46
Hawaii 0.45
Indiana 0.45
Minnesota 0.45
Delaware 0.45
New Hampshire 0.45
Nebraska 0.45
South Dakota 0.44
Wisconsin 0.44
Alaska 0.44
Iowa 0.44
Idaho 0.43
Utah 0.42

In Washington, D.C. the top 20% of earners made 27 times more than the bottom 20% in 2023 according to the Federal Reserve Bank of St. Louis, which is the highest ratio of any state between the top and bottom quintiles.

New York, on the other hand, is home to more billionaires than any other state except for California, creating huge disparities in income. Since 2019, real wage growth among the Big Apple’s top 3% soared 34.5%, more than triple all other income tiers.

Falling near the U.S. average are Florida, Texas, and Massachusetts, providing a more representative picture of income inequality in the country.

In comparison, Utah ranks lowest overall, a position it has regularly held for some time. Utah has the sixth-highest employment share (65.4%) in the country, keeping average family incomes more even.

Along with this, Utah has one of the best social mobility index scores nationwide, likely influenced by narrower wage disparities.

Learn More on the Voronoi App

To learn more about this topic, check out this graphic on wealth inequality by country in 2025.

Charted: How Investors Allocate Their Investments, by Country

2025-12-02 02:25:42

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Stacked bar chart showing the investment allocation of different countries.

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How Investors Allocate Their Investments, by Country

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • U.S. investors allocate 78% of their equity portfolio to domestic assets, demonstrating a clear home bias.
  • Investors in Norway and Canada hold a significant share of U.S. equities in their portfolios, at 48% and 45%, respectively.

“Home bias” is a common tendency for investors to invest in domestic assets.

This pattern is especially pronounced among U.S. investors—likely influenced by the country’s outsized role in global financial markets. Similarly, Japanese investors heavily concentrate their investments in local assets.

This graphic shows how different countries invest across equities and bonds, based on data from Goldman Sachs Global Investment Research.

Equity Investment Allocation by Country

Below, we show the equity portfolios of countries across U.S. equities, domestic equities, and global equities:

Country U.S. Equities Domestic Equities Rest of World Equities
(ex U.S.)
🇺🇸 U.S. 78% N/A 22%
🇳🇴 Norway 48% 12% 40%
🇨🇦 Canada 45% 49% 6%
🇩🇰 Denmark 43% 40% 17%
🇦🇺 Australia 37% 33% 30%
🇪🇺 Euro Area 36% 46% 18%
🇬🇧 United Kingdom 34% 19% 47%
🇸🇪 Sweden 31% 50% 19%
🇳🇿 New Zealand 27% 53% 20%
🇨🇭 Switzerland 26% 32% 42%
🇯🇵 Japan 19% 78% 3%

U.S. investors keep 78% of their equity holdings in domestic markets, a share comparable to Japan.

In contrast, many countries allocate a significant portion of their portfolios to U.S. equities, such as Norway (48%) and Canada (45%). Notably, Norwegian investors hold only 12% of their equity allocation in domestic stocks, despite strong average annualized returns of 13.7% since 2020.

UK investors display a similar outward tilt, holding just 19% of their equities at home. This is likely influenced by weak stock market performance and the lingering effects of Brexit. Since 2020, the FTSE 100 has delivered less than 5% in annualized returns.

Bond Investment Allocation by Country

The below table shows how countries illustrate more of a home bias when it comes to bonds:

Country U.S. Bonds Domestic Bonds Rest of World Bonds
(ex U.S.)
🇺🇸 U.S. 77% N/A 23%
🇳🇴 Norway 28% 19% 53%
🇨🇦 Canada 24% 69% 7%
🇩🇰 Denmark 5% 65% 30%
🇦🇺 Australia 5% 62% 33%
🇪🇺 Euro Area 14% 69% 16%
🇬🇧 United Kingdom 25% 63% 13%
🇸🇪 Sweden 10% 66% 24%
🇳🇿 New Zealand 19% 47% 35%
🇨🇭 Switzerland 33% 54% 13%
🇯🇵 Japan 14% 80% 7%

As we can see, Japanese investors illustrate the strongest home bias, with 80% of fixed income investments held domestically.

Meanwhile, European investors also mirror this trend, with 69% allocated into domestic bonds. Factors such as familiarity and potential tax advantages may influence this trend.

For investors diversifying abroad, Switzerland has the highest allocation in U.S. bonds, at 33%. This is likely influenced by the strength of its currency, and comparatively higher U.S. bond yields given Switzerland’s current 0% interest rate.

Learn More on the Voronoi App

To learn more about this topic, check out this graphic on the $127 trillion dollar global stock market.

Ranked: G20 Greenhouse Gas Emissions per Capita (1990-2024)

2025-12-01 23:28:08

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Graphic showing how G20 per-capita emissions have changed from 1990 to 2024, with big declines in Europe and rising levels in emerging economies.

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Ranked: G20 Greenhouse Gas Emissions per Capita (1990–2024)

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • China produces about 30% of global CO₂ emissions, but with its large population, its per-capita output (10.8 tonnes per person) remains below that of the U.S., Australia, and Canada.
  • Countries including the UK, Germany, and France have cut emissions by 30–50% since 1990 thanks to the adoption of renewables.

Greenhouse gas emissions have shifted across the world over the last three decades. The data for this visualization comes from the European Commission’s EDGAR database. It tracks greenhouse gas emissions per capita across the G20 from 1990 through 2024. The dataset accounts for CO₂-equivalent emissions in tonnes per capita. Land use, land-use change, and forestry are not included.

While fossil-fuel-dependent economies continue to rank high, advanced industrial economies in Europe have seen marked declines. Rapidly growing middle-income countries have increased their emissions but remain far below Western levels on a per-capita basis.

Saudi Arabia Tops the Ranking

Saudi Arabia (22.8 tonnes), Australia (22.3 tonnes), Canada (19.8 tonnes), and the United States (17.3 tonnes) remain among the highest per-capita emitters in 2024.

These levels reflect carbon-intensive power systems, large transportation footprints, and high consumption patterns. Russia, a big producer of fossil fuels, completes the top five with 18.02 tonnes per capita.

Rank (2024) Country (t CO2eq/cap) 1990 2024
1 🇸🇦 Saudi Arabia 14.49 22.79
2 🇦🇺 Australia 27.03 22.26
3 🇨🇦 Canada 21.32 19.76
4 🇷🇺 Russia 20.71 18.02
5 🇺🇸 United States 24.62 17.34
6 🇰🇷 South Korea 7.25 12.83
7 🇨🇳 China 3.17 10.81
8 🇿🇦 South Africa 10.84 9.31
9 🇯🇵 Japan 10.41 8.52
10 🇩🇪 Germany 15.62 8.17
11 🇦🇷 Argentina 7.73 7.95
12 🇪🇺 EU 11.58 7.14
13 🇹🇷 Türkiye 4.19 6.76
14 🇮🇹 Italy 8.83 6.32
15 🇧🇷 Brazil 4.35 5.93
16 🇫🇷 France 9.32 5.68
17 🇬🇧 United Kingdom 13.61 5.63
18 🇲🇽 Mexico 5.16 4.91
19 🇮🇩 Indonesia 1.86 4.69
20 🇮🇳 India 1.56 3.04

China and Emerging Economies Have Risen, but Still Lag Rich Countries

China’s per-capita emissions increased sharply, rising from 3.17 tonnes in 1990 to 10.81 tonnes in 2024.

Yet even at this level, it remains below the U.S., Canada, Australia, and Saudi Arabia. South Korea and Türkiye also saw significant increases as industrial output expanded. India and Indonesia remain among the lowest emitters on a per-person basis, despite rapid economic growth.

Europe and Japan Show the Steepest Long-Term Declines

Germany cut its per-capita emissions from 15.6 tonnes to 8.2 tonnes, while the UK saw an even larger drop—from 13.6 tonnes to 5.6 tonnes.

France, Italy, and the broader EU also show reductions of roughly 40–50% over the period. These declines reflect shifts toward renewable energy, energy-efficiency mandates, and broader economic transitions away from heavy industry. Japan followed a similar trend, falling from 10.4 tonnes to 8.5 tonnes.

Learn More on the Voronoi App

If you enjoyed today’s post, check out Visualizing Future Solar Power Capacity by Country on Voronoi, the new app from Visual Capitalist.

Mapped: U.S. Credit Card Delinquency Rates by State (2025)

2025-12-01 21:05:57

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This map highlights the highest and lowest credit card delinquency levels across the country using WalletHub data.

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Mapped: U.S. Credit Card Delinquency Rates by State (2025)

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • A payment is considered delinquent once it’s 30 days or more past due. Lenders report these late payments to credit bureaus, which can lower credit scores and signal financial stress in the economy.
  • Credit card delinquency rates are highest in the Deep South, led by Mississippi (37%), Louisiana (32%), and Alabama (31%).

The map above highlights how credit card delinquency varies widely across the U.S. in 2025.

These figures represent the share of credit card accounts that became 30 or more days past due from Q1 to Q2. The data for this visualization comes from WalletHub.

Southern States Lead in Delinquencies

The Deep South stands out with the nation’s highest delinquency rates. Mississippi tops the list at 37%, followed by Louisiana at 32% and Alabama at 31%.

These levels are far above the national norm and suggest elevated financial pressures, including lower median incomes and higher reliance on revolving debt. Several neighboring states—Arkansas, Oklahoma, Tennessee, and South Carolina—also exceed 25%.

Rank State Credit Card Delinquency (Q1-Q2, 2025)
1 Mississippi 36.69%
2 Louisiana 32.11%
3 Alabama 30.52%
4 Arkansas 28.11%
5 South Carolina 25.49%
6 Oklahoma 25.43%
7 Texas 24.77%
8 Tennessee 24.62%
9 North Carolina 24.19%
10 Kentucky 24.07%
11 Indiana 23.92%
12 West Virginia 23.71%
13 Delaware 22.76%
14 Georgia 22.40%
15 Missouri 22.26%
16 New Mexico 21.37%
17 Pennsylvania 21.08%
18 Michigan 20.89%
19 South Dakota 20.64%
20 Wyoming 20.23%
21 Kansas 19.76%
22 Arizona 19.72%
23 Nebraska 19.71%
24 Ohio 19.66%
25 Maryland 19.45%
26 Minnesota 19.17%
27 Virginia 19.09%
28 Nevada 18.58%
29 Idaho 18.42%
30 Wisconsin 18.35%
31 Maine 18.27%
32 Connecticut 18.16%
33 Oregon 17.87%
34 Montana 17.17%
35 Alaska 16.90%
36 Colorado 16.85%
37 Illinois 16.58%
38 New Jersey 16.57%
39 North Dakota 16.26%
40 New Hampshire 15.59%
41 New York 15.53%
42 Rhode Island 15.21%
43 California 15.08%
44 Washington 14.99%
45 Utah 14.94%
46 Hawaii 14.90%
47 Massachusetts 14.68%
48 Vermont 14.67%
49 Iowa 14.36%
50 Florida 13.99%

Midwestern and Northeastern States Remain More Stable

Most states across the Midwest and Northeast report delinquency shares between 15% and 21%. These levels reflect more stable household budgets and stronger credit profiles.

States like Iowa (14%) and Minnesota (19%) show some of the lowest delinquency rates, pointing to higher financial resilience.

Western States Show Mixed Patterns

The Western U.S. presents a more mixed landscape. California, Washington, Utah, and Hawaii all sit near the lower end at around 15%, suggesting relatively healthy consumer finances despite high living costs.

Meanwhile, states like Arizona and Nevada land closer to 19–20% in late payments.

Learn More on the Voronoi App

If you enjoyed today’s post, check out The United States of Unemployment on Voronoi, the new app from Visual Capitalist.

Mapped: Where are America’s Dry Counties?

2025-12-01 04:12:34

U.S. map showing dry, moist, and wet counties based on alcohol sales laws as of 2025, highlighting regional patterns and restrictions

Mapped: Where are America’s Dry Counties?

  • Hundreds of U.S. counties still restrict or prohibit the sale of alcohol, most heavily concentrated in the South and Midwest.
  • Arkansas stands out with a high concentration of dry or “moist” counties, where alcohol sales are only partially legal.
  • Though the number of dry counties is shrinking, local control and complex laws make nationwide tracking difficult.

While the U.S. ended federal Prohibition in 1933, local restrictions on alcohol still persist across the country to this day. As shown in this map, based on work by Wikipedia user Mr. Matté, many counties remain “dry,” banning the sale of alcohol entirely, or “moist,” allowing only limited sales.

Where Alcohol is Still Restricted

The data, crowdsourced from local government sites and media reports, reveals that alcohol restrictions are concentrated in the South, particularly in states like Arkansas, Kentucky, Mississippi, and Tennessee.

Arkansas stands out the most in the map above, with a patchwork of red and orange counties indicating either total bans or partial restrictions on alcohol sales. In fact, the state has long struggled with outdated liquor laws, where even grocery stores in “moist” counties may be prohibited from selling wine or spirits.

Alcohol Status: It’s Complicated

Here’s what the terminology means:

  • Dry county: No alcohol sales allowed by law
  • Moist county: Alcohol sales are partially restricted (e.g. allowed in restaurants but not in stores)
  • Wet county: Alcohol can be sold without county-level restriction

Even within “wet” counties, individual towns may choose to remain dry, and in “dry” counties, specific towns or establishments can apply for exemptions, creating a legal maze for consumers and businesses alike.

Declining Dryness Over Time

According to the National Alcohol Beverage Control Association, the number of dry counties has dropped significantly since the mid-20th century. In Texas, for example, only three dry counties remain.

Nonetheless, the persistence of these regulations reflects longstanding cultural attitudes and the influence of local referenda. While national consumption of spirits is rising, especially in certain states, the map shows that alcohol availability is still very much a local matter.

Learn More on the Voronoi App

If you enjoyed today’s post, check out Americans are spending less on spirits…besides tequila on Voronoi, the new app from Visual Capitalist.