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Income ranking in the United States in 2010
Posted: Tue Dec 27, 2011 5:17 pm
by Odysseusa
http://www.financialsamurai.com/2011/04 ... e-percent/
Based on the Internal Revenue Service’s 2010 database below,
here’s how much the top Americans make:
Top 1%: $380,354
Top 5%: $159,619
Top 10%: $113,799
Top 25%: $67,280
Top 50%: >$33,048
http://www.financialsamurai.com/2011/04 ... e-percent/
Re: Income ranking in the United States in 2010
Posted: Tue Dec 27, 2011 5:23 pm
by moda0306
For what it's worth, I believe the majority of the "growth of the top 1%" share of income/wealth is the growth of the top .1%.
Re: Income ranking in the United States in 2010
Posted: Wed Dec 28, 2011 5:24 pm
by Odysseusa
If we are currently making $33,000 per year; try to increase cash flow so it can become $66,000 or $99,000 which can take us to the top 25% or top 10%.
Re: Income ranking in the United States in 2010
Posted: Wed Dec 28, 2011 5:28 pm
by Odysseusa
moda0306 wrote:
For what it's worth, I believe the majority of the "growth of the top 1%" share of income/wealth is the growth of the top .1%.
Do you think the top 0.1% Americans make more than $1 million per year?
Re: Income ranking in the United States in 2010
Posted: Wed Dec 28, 2011 5:38 pm
by moda0306
Odysseusa wrote:
moda0306 wrote:
For what it's worth, I believe the majority of the "growth of the top 1%" share of income/wealth is the growth of the top .1%.
Do you think the top 0.1% Americans make more than $1 million per year?
I would guess so.
Re: Income ranking in the United States in 2010
Posted: Wed Dec 28, 2011 7:48 pm
by Tortoise
moda0306 wrote:
Odysseusa wrote:
moda0306 wrote:
For what it's worth, I believe the majority of the "growth of the top 1%" share of income/wealth is the growth of the top .1%.
Do you think the top 0.1% Americans make more than $1 million per year?
I would guess so.
They certainly do, at least for households (probably for individuals as well):
As of 2005, there were approximately 146,000 (0.1%) households with incomes exceeding $1,500,000, while the top 0.01% or 11,000 households had incomes exceeding $5,500,000. The 400 highest tax payers in the nation had gross annual household incomes exceeding $87,000,000.
Source:
Wikipedia
That was in 2005, so the corresponding 2011 incomes are probably even higher.