Where The 1 Percent Live

Photo (cc) by Mike Miley

Connecticut and Wyoming are looking pretty good right now — if you’re looking to boost your income.

Connecticut ranks as the top state in the country for wages and salaries and for adjusted gross income (AGI), according to a recent analysis of tax returns. The Constitution State also ranks as the second-best state for interest income and dividend income, and Connecticut’s Fairfield County ranks third among all counties nationwide for wages and salaries.

This data was released Wednesday by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University. It’s based on federal tax returns for 2013, the latest year for which such data is available from TRAC.

Teton County, Wyoming, ranks No. 1 for AGI, interest income and dividend income. Its county seat is Jackson, and it’s home to Jackson Hole, Grand Teton National Park and part of Yellowstone National Park.

The other top average incomes per tax return include:

Wages and salaries ($43,463 nationwide)

By state:

  1. Connecticut: $60,024
  2. District of Columbia: $57,296
  3. New Jersey: $56,116

By county:

  1. New York County, New York: $96,941
  2. Falls Church City, Virginia: $92,948
  3. Fairfield County, Connecticut: $91,188

Adjusted gross income ($62,645 nationwide)

By state:

  1. Connecticut: $91,417
  2. District of Columbia: $86,334
  3. Massachusetts: $79,868

By county:

  1. Teton County, Wyoming: $296,778
  2. Sterling County, Texas: $266,563
  3. McMullen County, Texas: $211,059

Interest income ($741 nationwide)

By state:

  1. New York: $1,379
  2. Connecticut: $1,331
  3. Florida: $1,105

By county:

  1. Teton County, Wyoming: $8,604
  2. Pitkin County, Colorado: $8,125
  3. New York County, New York: $7,112

Dividend income ($1,689 nationwide)

By state:

  1. Wyoming: $3,924
  2. Connecticut: $3,125
  3. Arkansas: $3,023

By county:

  1. Teton County, Wyoming: $32,793
  2. Benton County, Arkansas: $25,985
  3. Pitkin County, Colorado: $17,752

Are you surprised by these findings? Share your thoughts in a comment below or on our Facebook page.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

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