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Finance

How Much the Top 1% Pay in Taxes in Every State

Last updated: May 13, 2025 8:00 pm
Oliver James
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20 Min Read
How Much the Top 1% Pay in Taxes in Every State
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The only time the financial status of the top 1% of Americans doesn’t induce envy is during tax season. Not only does the top 1% pay taxes, but new data from GOBankingRates has uncovered that the super wealthy pay in aggregate anywhere from a few billion to more than $100 billion in taxes.

Contents
Key Findings1. Wyoming2. Florida3. Nevada4. New York5. Texas6. Connecticut7. Montana8. Arkansas9. Utah10. Tennessee11. South Dakota12. Louisiana13. California14. Illinois15. Georgia16. Mississippi17. Idaho18. Massachusetts19. Arizona20. Oklahoma21. Missouri22. South Carolina23. Nebraska24. Alabama25. Kansas26. Wisconsin27. Indiana28. New Hampshire29. North Carolina30. Pennsylvania31. Michigan32. Ohio33. Colorado34. North Dakota35. Kentucky36. New Jersey37. Rhode Island38. Hawaii39. Iowa40. Virginia41. Minnesota42. New Mexico43. Washington44. Vermont45. Maine46. Maryland47. Delaware48. Oregon49. West Virginia50. Alaska

Learn More: IRS Updates Earned Income Tax Credit for 2025 — More Families Eligible for Higher Credits

Be Aware: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too

GOBankingRates was able to determine these figures by analyzing individual tax returns by state as well as a number of additional factors sourced from the U.S. Census American Community Survey. Using data from the IRS SOI tax stats, the individual tax rates by income percentiles and by state were included.

Editor’s note: Dollar amounts originally were listed incorrectly as millions. They have been corrected to billions.

franckreporter / Getty Images
franckreporter / Getty Images

Key Findings

  • The top 1% in Wyoming pay the highest share of taxes in the United States. The top 1% pay 54.7% of all federal income taxes in the state, which amounts to about $2.5 billion in total.

  • Neither California nor Hawaii appear in the top 10 states for highest total income tax share. Besides Wyoming, the top 10 states include Florida (53.6%), Nevada (51.1%), New York (46.3%), Texas (44.5%), Connecticut (43.9%), Montana (42.9%), Arkansas (42.2%) Utah (41.2%) and Tennessee (41%).

  • The total income tax for the 1% is more than $50 billion in four states. From highest to lowest, these states include California ($122 billion), Florida ($96 billion), Texas ($81 billion) and New York ($79 billion).

In order of states with the highest to lowest tax share percentage, here’s where the 1% pay the most in taxes.

Find Out: Here’s How Much Your State Collects on Every Type of Tax

See More: Top 8 States To Move to If You Don’t Want To Pay Taxes on Social Security

Trending Now: Suze Orman’s Secret to a Wealthy Retirement–Have You Made This Money Move?

benedek / Getty Images/iStockphoto
benedek / Getty Images/iStockphoto

1. Wyoming

  • Total income tax share for the top 1%: 54.7%

  • Average tax rate percentage for the top 1%: 23.1%

  • Total income tax for the top 1%: $2,460,940,000

  • Number of returns for the top 1%: 2,611

Read Next: Can You Write Off Your Home Insurance on Your Taxes?

DenisTangneyJr / iStock.com
DenisTangneyJr / iStock.com

2. Florida

  • Total income tax share for the top 1%: 53.6%

  • Average tax rate percentage for the top 1%: 26%

  • Total income tax for the top 1%: $96,264,565,000

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

photoquest7 / Getty Images/iStockphoto
photoquest7 / Getty Images/iStockphoto

3. Nevada

  • Total income tax share for the top 1%: 51.1%

  • Average tax rate percentage for the top 1%: 25%

  • Total income tax for the top 1%: $11,010,104,000

  • Number of returns for the top 1%: 14,754

Davel5957 / Getty Images/iStockphoto
Davel5957 / Getty Images/iStockphoto

4. New York

  • Total income tax share for the top 1%: 46.3%

  • Average tax rate percentage for the top 1%: 27.6%

  • Total income tax for the top 1%: $79,488,609,000

  • Number of returns for the top 1%: 91,840

BackyardProduction / iStock.com
BackyardProduction / iStock.com

5. Texas

  • Total income tax share for the top 1%: 44.5%

  • Average tax rate percentage for the top 1%: 26.7%

  • Total income tax for the top 1%: $81,990,700,000

  • Number of returns for the top 1%: 128,130

f11photo / iStock.com
f11photo / iStock.com

6. Connecticut

  • Total income tax share for the top 1%: 43.9%

  • Average tax rate percentage for the top 1%: 28.1%

  • Total income tax for the top 1%: $16,284,881,000

  • Number of returns for the top 1%: 16,917

View Next: 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth

Indigoai / Getty Images/iStockphoto
Indigoai / Getty Images/iStockphoto

7. Montana

  • Total income tax share for the top 1%: 42.9%

  • Average tax rate percentage for the top 1%: 24.8%

  • Total income tax for the top 1%: $2,690,156,000

  • Number of returns for the top 1%: 5,101

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

8. Arkansas

  • Total income tax share for the top 1%: 42.2%

  • Average tax rate percentage for the top 1%: 23.2%

  • Total income tax for the top 1%: $4,814,153,000

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

miroslav_1 / Getty Images/iStockphoto
miroslav_1 / Getty Images/iStockphoto

9. Utah

  • Total income tax share for the top 1%: 41.2%

  • Average tax rate percentage for the top 1%: 24.2%

  • Total income tax for the top 1%: $7,477,634,000

  • Number of returns for the top 1%: 13,991

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

10. Tennessee

  • Total income tax share for the top 1%: 41%

  • Average tax rate percentage for the top 1%: 25.8%

  • Total income tax for the top 1%: $14,547,566,000

  • Number of returns for the top 1%: 30,531

That’s Interesting: 6 Reasons Your Tax Refund Will Be Higher in 2025

pabradyphoto / Getty Images/iStockphoto
pabradyphoto / Getty Images/iStockphoto

11. South Dakota

  • Total income tax share for the top 1%: 40.5%

  • Average tax rate percentage for the top 1%: 24.7%

  • Total income tax for the top 1%: $2,020,508,000

  • Number of returns for the top 1%: 4,062

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

12. Louisiana

  • Total income tax share for the top 1%: 38.7%

  • Average tax rate percentage for the top 1%: 26%

  • Total income tax for the top 1%: $6,806,423,000

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

batuhanozdel / Getty Images/iStockphoto
batuhanozdel / Getty Images/iStockphoto

13. California

  • Total income tax share for the top 1%: 38.6%

  • Average tax rate percentage for the top 1%: 27%

  • Total income tax for the top 1%: $122,452,981,000

  • Number of returns for the top 1%: 175,045

Pgiam / Getty Images
Pgiam / Getty Images

14. Illinois

  • Total income tax share for the top 1%: 38.4%

  • Average tax rate percentage for the top 1%: 27.0%

  • Total income tax for the top 1%: $32,677,874,000

  • Number of returns for the top 1%: 56,794

For You: American Opportunity Tax Credit: What Is It and Who Qualifies?

Sean Pavone / iStock.com
Sean Pavone / iStock.com

15. Georgia

  • Total income tax share for the top 1%: 38.3%

  • Average tax rate percentage for the top 1%: 25.8%

  • Total income tax for the top 1%: $21,001,340,000

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

TriggerPhoto / Getty Images/iStockphoto
TriggerPhoto / Getty Images/iStockphoto

16. Mississippi

  • Total income tax share for the top 1%: 38.3%

  • Average tax rate percentage for the top 1%: 24.4%

  • Total income tax for the top 1%: $3,297,109,000

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

Jennifer_Sharp / Getty Images/iStockphoto
Jennifer_Sharp / Getty Images/iStockphoto

17. Idaho

  • Total income tax share for the top 1%: 38.2%

  • Average tax rate percentage for the top 1%: 24%

  • Total income tax for the top 1%: $3,392,957,000

  • Number of returns for the top 1%: 8,145

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

18. Massachusetts

  • Total income tax share for the top 1%: 38.2%

  • Average tax rate percentage for the top 1%: 27.3%

  • Total income tax for the top 1%: $26,646,912,000

  • Number of returns for the top 1%: 32,795

Check Out: Here’s How Much Your State Collects on Every Type of Tax

Art Wager / iStock.com
Art Wager / iStock.com

19. Arizona

  • Total income tax share for the top 1%: 38%

  • Average tax rate percentage for the top 1%: 25.3%

  • Total income tax for the top 1%: $14,438,918,000

  • Number of returns for the top 1%: 31,872

DenisTangneyJr / Getty Images
DenisTangneyJr / Getty Images

20. Oklahoma

  • Total income tax share for the top 1%: 37.8%

  • Average tax rate percentage for the top 1%: 24.6%

  • Total income tax for the top 1%: $5,622,529,000

  • Number of returns for the top 1%: 16,106

peeterv / Getty Images
peeterv / Getty Images

21. Missouri

  • Total income tax share for the top 1%: 37.2%

  • Average tax rate percentage for the top 1%: 25.4%

  • Total income tax for the top 1%: $10,481,163,000

  • Number of returns for the top 1%: 26,898

22. South Carolina

  • Total income tax share for the top 1%: 37.1%

  • Average tax rate percentage for the top 1%: 25.4%

  • Total income tax for the top 1%: $8,867,845,000

  • Number of returns for the top 1%: 23,203

Explore Next: 10 States With Low Taxes and 10 Low-Cost-of-Living States Retirees Should Target

Davel5957 / Getty Images/iStockphoto
Davel5957 / Getty Images/iStockphoto

23. Nebraska

  • Total income tax share for the top 1%: 37%

  • Average tax rate percentage for the top 1%: 25%

  • Total income tax for the top 1%: $3,704,671,000

  • Number of returns for the top 1%: 8,660

Michael Warren / Getty Images
Michael Warren / Getty Images

24. Alabama

  • Total income tax share for the top 1%: 36.2%

  • Average tax rate percentage for the top 1%: 23.9%

  • Total income tax for the top 1%: $6,778,809,000

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

DenisTangneyJr / iStock.com
DenisTangneyJr / iStock.com

25. Kansas

  • Total income tax share for the top 1%: 35.8%

  • Average tax rate percentage for the top 1%: 25.4%

  • Total income tax for the top 1%: $5,066,051,000

  • Number of returns for the top 1%: 12,643

DianeBentleyRaymond / Getty Images
DianeBentleyRaymond / Getty Images

26. Wisconsin

  • Total income tax share for the top 1%: 35.5%

  • Average tax rate percentage for the top 1%: 25.7%

  • Total income tax for the top 1%: $11,024,109,000

  • Number of returns for the top 1%: 27,293

Find Out: 3 Signs You’ve ‘Made It’ Financially, According to Financial Influencer Genesis Hinckley

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

27. Indiana

  • Total income tax share for the top 1%: 35.5%

  • Average tax rate percentage for the top 1%: 25.1%

  • Total income tax for the top 1%: $10,518,818,000

  • Number of returns for the top 1%: 30,120

DenisTangneyJr / Getty Images
DenisTangneyJr / Getty Images

28. New Hampshire

  • Total income tax share for the top 1%: 35.4%

  • Average tax rate percentage for the top 1%: 25.6%

  • Total income tax for the top 1%: $3,946,877,000

  • Number of returns for the top 1%: 6,796

Kruck20 / iStock.com
Kruck20 / iStock.com

29. North Carolina

  • Total income tax share for the top 1%: 35.3%

  • Average tax rate percentage for the top 1%: 25.7%

  • Total income tax for the top 1%: $19,037,365,000

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

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

30. Pennsylvania

  • Total income tax share for the top 1%: 35.1%

  • Average tax rate percentage for the top 1%: 25.8%

  • Total income tax for the top 1%: $26,128,752,000

  • Number of returns for the top 1%: 58,541

Kenneth_Keifer / Getty Images/iStockphoto
Kenneth_Keifer / Getty Images/iStockphoto

31. Michigan

  • Total income tax share for the top 1%: 35%

  • Average tax rate percentage for the top 1%: 24.5%

  • Total income tax for the top 1%: $16,650,121,000

  • Number of returns for the top 1%: 45,218

Discover More: I’m a Financial Advisor: My Wealthiest Clients All Do These 3 Things

Rawf8 / iStock.com
Rawf8 / iStock.com

32. Ohio

  • Total income tax share for the top 1%: 34.6%

  • Average tax rate percentage for the top 1%: 25.5%

  • Total income tax for the top 1%: $18,842,538,000

  • Number of returns for the top 1%: 53,103

chapin31 / Getty Images
chapin31 / Getty Images

33. Colorado

  • Total income tax share for the top 1%: 34.5%

  • Average tax rate percentage for the top 1%: 26%

  • Total income tax for the top 1%: $14,894,687,000

  • Number of returns for the top 1%: 27,685

DenisTangneyJr / Getty Images
DenisTangneyJr / Getty Images

34. North Dakota

  • Total income tax share for the top 1%: 34.4%

  • Average tax rate percentage for the top 1%: 25.9%

  • Total income tax for the top 1%: $1,521,767,000

  • Number of returns for the top 1%: 3,431

JT Crawford / Getty Images/iStockphoto
JT Crawford / Getty Images/iStockphoto

35. Kentucky

  • Total income tax share for the top 1%: 34.3%

  • Average tax rate percentage for the top 1%: 24.7%

  • Total income tax for the top 1%: $5,451,182,000

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

Try This: 8 Must-Read Personal Finance Books of 2024 for a Fresh Start in 2025

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

36. New Jersey

  • Total income tax share for the top 1%: 33.8%

  • Average tax rate percentage for the top 1%: 27.4%

  • Total income tax for the top 1%: $26,899,308,000

  • Number of returns for the top 1%: 43,042

Daniel Hanscom / Getty Images
Daniel Hanscom / Getty Images

37. Rhode Island

  • Total income tax share for the top 1%: 33.6%

  • Average tax rate percentage for the top 1%: 25.6%

  • Total income tax for the top 1%: $2,150,700,000

  • Number of returns for the top 1%: 5,224

BackyardProduction / Getty Images
BackyardProduction / Getty Images

38. Hawaii

  • Total income tax share for the top 1%: 33.6%

  • Average tax rate percentage for the top 1%: 24.7%

  • Total income tax for the top 1%: $2,455,554,000

  • Number of returns for the top 1%: 6,472

Wirestock / Getty Images/iStockphoto
Wirestock / Getty Images/iStockphoto

39. Iowa

  • Total income tax share for the top 1%: 33.2%

  • Average tax rate percentage for the top 1%: 24.8%

  • Total income tax for the top 1%: $4,813,252,000

  • Number of returns for the top 1%: 13,821

View More: 13 Banks With Immediate Sign-Up Bonuses and No Direct Deposit Required

DenisTangneyJr / Getty Images
DenisTangneyJr / Getty Images

40. Virginia

  • Total income tax share for the top 1%: 32.9%

  • Average tax rate percentage for the top 1%: 25.9%

  • Total income tax for the top 1%: $19,239,261,000

  • Number of returns for the top 1%: 39,103

jimkruger / Getty Images
jimkruger / Getty Images

41. Minnesota

  • Total income tax share for the top 1%: 32.6%

  • Average tax rate percentage for the top 1%: 26.3%

  • Total income tax for the top 1%: $11,524,941,000

  • Number of returns for the top 1%: 26,423

EKH-Pictures / Getty Images/iStockphoto
EKH-Pictures / Getty Images/iStockphoto

42. New Mexico

  • Total income tax share for the top 1%: 32.3%

  • Average tax rate percentage for the top 1%: 24.3%

  • Total income tax for the top 1%: $2,380,544,000

  • Number of returns for the top 1%: 9,310

christiannafzger / Getty Images/iStockphoto
christiannafzger / Getty Images/iStockphoto

43. Washington

  • Total income tax share for the top 1%: 32.1%

  • Average tax rate percentage for the top 1%: 25.6%

  • Total income tax for the top 1%: $20,012,467,000

  • Number of returns for the top 1%: 35,597

Read More: If You’re Thinking About Getting a CD, Suze Orman Says You Should Do It Now — Here’s Why

Jamesbowyer / Getty Images
Jamesbowyer / Getty Images

44. Vermont

  • Total income tax share for the top 1%: 32%

  • Average tax rate percentage for the top 1%: 24.8%

  • Total income tax for the top 1%: $1,078,255,000

  • Number of returns for the top 1%: 3,123

DenisTangneyJr / Getty Images
DenisTangneyJr / Getty Images

45. Maine

  • Total income tax share for the top 1%: 30.5%

  • Average tax rate percentage for the top 1%: 24.4%

  • Total income tax for the top 1%: $1,976,671,000

  • Number of returns for the top 1%: 6,618

sborisov / Getty Images/iStockphoto
sborisov / Getty Images/iStockphoto

46. Maryland

  • Total income tax share for the top 1%: 30.5%

  • Average tax rate percentage for the top 1%: 26.5%

  • Total income tax for the top 1%: $12,675,749,000

  • Number of returns for the top 1%: 29,040

DenisTangneyJr / Getty Images
DenisTangneyJr / Getty Images

47. Delaware

  • Total income tax share for the top 1%: 30.4%

  • Average tax rate percentage for the top 1%: 25.6%

  • Total income tax for the top 1%: $1,647,326,000

  • Number of returns for the top 1%: 4,726

Discover Next: 30 Scam Phone Numbers To Block and Area Codes To Avoid

artran / Getty Images
artran / Getty Images

48. Oregon

  • Total income tax share for the top 1%: 30.4%

  • Average tax rate percentage for the top 1%: 24.9%

  • Total income tax for the top 1%: $6,773,041,000

  • Number of returns for the top 1%: 19,053

BackyardProduction / Getty Images/iStockphoto
BackyardProduction / Getty Images/iStockphoto

49. West Virginia

  • Total income tax share for the top 1%: 30.3%

  • Average tax rate percentage for the top 1%: 24.8%

  • Total income tax for the top 1%: $1,647,747,000

  • Number of returns for the top 1%: 7,316

stockphoto52 / Getty Images/iStockphoto
stockphoto52 / Getty Images/iStockphoto

50. Alaska

  • Total income tax share for the top 1%: 26.4%

  • Average tax rate percentage for the top 1%: 25.2%

  • Total income tax for the top 1%: $1,016,945,000

  • Number of returns for the top 1%: 3,223

Methodology: For this study, GOBankingRates analyzed individual tax returns by state to find out how much the top 1% pay in taxes. Using data from the IRS SOI tax stats, the individual tax rates by income percentiles and by state were included. The states were sorted to show the highest to lowest tax share percentage. All data was collected on and is up to date as of March 6, 2025.

More From GOBankingRates

  • Here’s How Much Cars Made in the US Cost Compared to Mexico, Canada and China

  • How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too

  • 4 Grocery Items To Buy Now Before Tariffs Raise Prices This Summer

  • 4 Low-Risk Ways To Build Your Savings in 2025

This article originally appeared on GOBankingRates.com: How Much the Top 1% Pay in Taxes in Every State

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